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          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

          Provisions expressly mentioned in the judgment/order text.

          <h1>Penal rate of interest applies to overdue matured deposits claimed but unpaid, obliging companies to pay additional interest.</h1> The rule mandates that every company must pay a penal rate of interest for the overdue period on deposits that have matured and been claimed but remain unpaid, applying to both secured and unsecured deposits under the Companies (Acceptance of Deposits) Rules, 2014.

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