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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>Penalties for contravention of deposit acceptance rules impose fines on companies and officers, with additional continuing daily fines.</h1> Rule 21 imposes monetary penalties where a company covered by section 73(2), an eligible company inviting deposits, or any other person contravenes the Companies (Acceptance of Deposits) Rules, 2014 and no punishment is provided in the Act. The company and every officer in default face a fine up to a prescribed maximum, and where the contravention continues a further daily fine is payable for each day after the first day of continuation.

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