Mode of acceptance or repayment of certain loans or deposits.

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..... osit in a financial year exceeds fifty thousand rupees. (2) The provisions of this section shall not apply to any loan or deposit taken or accepted from, or by — (a) the Government; (b) any banking company, post office savings bank or co-operative bank; (c) any corporation established by a Central, State or Provincial Act; (d) any Government company as defined .....

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