⭐ Important points (exam-critical)
- ⭐Deposit Insurance not currently mandatory (suspended notification by MCA).
- ⭐Section 76A — penalty for contravention: ≥₹1 crore or twice the deposit amount + imprisonment.
- ⭐Inter-corporate deposit not a 'deposit' if from holding/subsidiary.
- ⭐Director's loan exempt if accompanied by written declaration about source.
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