https://www.taxtmi.com/acts?id=13164 A penal rate of interest is prescribed for public deposits matured and claimed but remaining unpaid; ordinary public deposits attract an elevated penal interest for the overdue period, while deposits by a small depositor attract a higher penal rate that is compoundable on an annual basis, with "small depositor" defined by reference to the Act. en-us Tue, 24 May 2011 15:40:01 +0530 Mon, 06 Jun 2011 12:14:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=13164 A penal rate of interest is prescribed for public deposits matured and claimed but remaining unpaid; ordinary public deposits attract an elevated penal interest for the overdue period, while deposits by a small depositor attract a higher penal rate that is compoundable on an annual basis, with "small depositor" defined by reference to the Act. Act-Rules Companies Law Tue, 24 May 2011 15:40:01 +0530 https://www.taxtmi.com/acts?id=13164