
New Provisions in the Companies Act 2013 | 171
which shall not be less than one crore rupees but which
may extend to ten crore rupees and every ocer of the
company who is in default shall be punishable with im-
prisonment which may extend to seven years or with
ne which shall not be less than twenty-ve lakh rupees
but which may extend to two crore rupees, or with both.
75. (1) Where a company fails to repay the deposit or part
thereof or any interest thereon referred to in section 74
within the time specied in sub-section (1) of that section
or such further time as may be allowed by the Tribunal
under sub-section (2) of that section, and it ...