On deposits by Private Limited comapny: no limit, as the Companies (Acceptance of Deposit) Rules are not applicable to such companies.
consequences for delay in repayment:Rule 8A
Penal rate of interest.- A penal rate of interest of eighteen per cent. shall be paid for the overdue period in case of public deposits matured and claimed but remaining unpaid. In case of deposit made by a small depositor, the penal rate of interest shall be twenty per cent. compoundable on an annual basis. Explanation.- For the purposes of this rule, the expression “a small depositor†has the same meaning as assigned to it in the explanation to Section 58AA of the Act.