https://www.taxtmi.com/caselaws?id=169425 A registered money-lender under the Bihar Money-Lenders Act, 1938 remained entitled to sue for recovery of a loan advanced during the currency of the registration certificate even though the amount exceeded the maximum figure stated in the certificate. The Act regulated registration, accounts, receipts and debtor protections, but it did not expressly bar recovery on the ground that the advance was above the certificate limit. The rule-making power was confined to procedural matters such as the certificate form and registration particulars, and could not create a substantive prohibition or convert the lender into an unregistered person for the excess amount. en-us Fri, 06 Aug 1965 00:00:00 +0530 Mon, 20 Apr 2015 14:12:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=169425 A registered money-lender under the Bihar Money-Lenders Act, 1938 remained entitled to sue for recovery of a loan advanced during the currency of the registration certificate even though the amount exceeded the maximum figure stated in the certificate. The Act regulated registration, accounts, receipts and debtor protections, but it did not expressly bar recovery on the ground that the advance was above the certificate limit. The rule-making power was confined to procedural matters such as the certificate form and registration particulars, and could not create a substantive prohibition or convert the lender into an unregistered person for the excess amount. Case-Laws Indian Laws Fri, 06 Aug 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=169425