https://www.taxtmi.com/article/detailed?id=9229 Section 73 requires specified procedural and financial safeguards for accepting deposits and provides a depositor remedy where repayment or interest is not made. Deposit holders whose fixed deposits matured and remained unpaid petitioned the Tribunal; on appeal the tribunal affirmed that contracted interest must run from the date of maturity until receipt and ordered repayment with pendent lite and future interest at the contracted rate, together with awarded litigation costs. en-us Mon, 01 Jun 2020 09:34:26 +0530 Mon, 01 Jun 2020 09:34:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9229 Section 73 requires specified procedural and financial safeguards for accepting deposits and provides a depositor remedy where repayment or interest is not made. Deposit holders whose fixed deposits matured and remained unpaid petitioned the Tribunal; on appeal the tribunal affirmed that contracted interest must run from the date of maturity until receipt and ordered repayment with pendent lite and future interest at the contracted rate, together with awarded litigation costs. Articles Corporate Laws / IBC / SEBI Mon, 01 Jun 2020 09:34:26 +0530 https://www.taxtmi.com/article/detailed?id=9229