law: Companies Act, 2013 
  74.
  
    Repayment
  
  of deposits, etc., accepted before commencement of this Act.
  1.      Where in respect of
  
  any deposit accepted by a company before the commencement of this Act, the
  
  amount of such deposit or part thereof or any interest due thereon remains
  
  unpaid on such commencement or becomes due at any time thereafter, the company
  
  shall—
  a.     
  
    file,
  
  within a period of three months from such commencement or from the date on
  
  which such payments, are due, with the Registrar a statement of all the
  
  deposits accepted by the company and sums remaining unpaid on such amount with
  
  the interest payable thereon along with the arrangements made for such
  
  repayment, notwithstanding anything contained in any other law for the time
  
  being in force or under the terms and conditions subject to which the deposit
  
  was accepted or any scheme framed under any law; and
  b.    
  
    repay
  
  within one year from such commencement or from the date on which such payments
  
  are due, whichever is earlier.
  1.     
  2.      The Tribunal may on
  
  an application made by the company, after considering the financial condition
  
  of the company, the amount of deposit or part thereof and the interest payable
  
  thereon and such other matters, allow further time as considered reasonable to
  
  the company to repay the deposit.
  3.      If a company fails to
  
  repay the deposit or part thereof or any interest thereon within the time
  
  specified in sub-section (1 ) or such further time as may be allowed by
  
  the Tribunal under sub-section (2 ), the company shall, in addition to
  
  the payment of the amount of deposit or part thereof and the interest due, be
  
  punishable with fine which shall not be less than one crore rupees but which
  
  may extend to ten crore rupees and every officer of the company who is in
  
  default shall be punishable with imprisonment which may extend to seven years
  
  or with fine which shall not be less than twenty-five lakh rupees but which may
  
  extend to two crore rupees, or with both.