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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>Penalty for breaching prohibition on unregulated deposit schemes imposes imprisonment or substantial fines under the Act.</h1> Contravention of the prohibition in section 4 of the Act attracts a dual penal regime: criminal incarceration and mandatory monetary sanction. A deposit taker who breaches section 4 faces imprisonment for a term that may extend up to seven years and/or a fine whose minimum and maximum bounds are specified, with the upper measure linked to the greater of a prescribed cap or the multiples of fraudulent-default profits.

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