https://www.taxtmi.com/caselaws?id=194476 The Court allowed the applications, quashing the complaints and the process issued by the Magistrate. The Court held that the financial company was entitled to act as per the terms of the hire purchase agreement and that the transaction did not constitute a "loan" under the Bombay Money Lenders Act. The complaints registered as Criminal Case Nos. 1381/2000, 1382/2000, and 1383/2000 were quashed and set aside. en-us Mon, 20 Feb 2006 00:00:00 +0530 Sat, 09 Sep 2017 13:32:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194476 The Court allowed the applications, quashing the complaints and the process issued by the Magistrate. The Court held that the financial company was entitled to act as per the terms of the hire purchase agreement and that the transaction did not constitute a "loan" under the Bombay Money Lenders Act. The complaints registered as Criminal Case Nos. 1381/2000, 1382/2000, and 1383/2000 were quashed and set aside. Case-Laws Indian Laws Mon, 20 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194476