Deposit ceiling tied to company deposits, with penal wording clarified to restrict imprisonment-and-fine alternatives. Amends section 76A to substitute the monetary ceiling with the lower of the existing statutory cap and twice the amount of deposits accepted by the company, and revises clause (b) to correct the phrase to 'seven years and with fine' while omitting the words 'or with both', altering the statutory wording applicable to imprisonment and fines.
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Provisions expressly mentioned in the judgment/order text.
Deposit ceiling tied to company deposits, with penal wording clarified to restrict imprisonment-and-fine alternatives.
Amends section 76A to substitute the monetary ceiling with the lower of the existing statutory cap and twice the amount of deposits accepted by the company, and revises clause (b) to correct the phrase to "seven years and with fine" while omitting the words "or with both", altering the statutory wording applicable to imprisonment and fines.
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