https://www.taxtmi.com/caselaws?id=197613 A suit under the Bihar Money-Lenders regime required a valid statutory basis for the relevant advance; the court found the evidence did not support treating the later advance as a casual loan outside the Act, and the registration shown was not established for the firm or for the later transaction. The mortgage bonds were otherwise proved to have been duly executed and supported by consideration, but enforceability could not extend beyond the loan for which the plaintiff had a valid right to sue. The decree was therefore confined to the earlier mortgage debt and set aside only for the later claim. en-us Thu, 17 May 1973 00:00:00 +0530 Wed, 10 Jan 2018 18:03:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197613 A suit under the Bihar Money-Lenders regime required a valid statutory basis for the relevant advance; the court found the evidence did not support treating the later advance as a casual loan outside the Act, and the registration shown was not established for the firm or for the later transaction. The mortgage bonds were otherwise proved to have been duly executed and supported by consideration, but enforceability could not extend beyond the loan for which the plaintiff had a valid right to sue. The decree was therefore confined to the earlier mortgage debt and set aside only for the later claim. Case-Laws Indian Laws Thu, 17 May 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197613