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of <h1>Violating Section 5 of the Banning of Unregulated Deposit Schemes Act, 2019 leads to severe penalties including imprisonment and fines.</h1> Any person who violates the provisions of section 5 of the Banning of Unregulated Deposit Schemes Act, 2019, shall face imprisonment for a minimum of one year, which may extend up to five years. Additionally, a fine of up to ten lakh rupees may be imposed.
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