https://www.taxtmi.com/caselaws?id=200290 A loan of foodgrains in kind may fall within the Bombay Money Lenders Act, 1946, but that permission does not override a separate statutory prohibition under the Foodgrains Control Order. Lending paddy for sowing was treated as an unauthorised disposal of foodgrains, so the transaction was hit by the Order and was not enforceable. Section 65 of the Indian Contract Act, 1872 was held inapplicable because restitution cannot be granted where the agreement is tainted by statutory illegality, and judicial assistance would amount to enforcing a prohibited transaction. en-us Mon, 27 Feb 1978 00:00:00 +0530 Sat, 24 Mar 2018 17:47:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200290 A loan of foodgrains in kind may fall within the Bombay Money Lenders Act, 1946, but that permission does not override a separate statutory prohibition under the Foodgrains Control Order. Lending paddy for sowing was treated as an unauthorised disposal of foodgrains, so the transaction was hit by the Order and was not enforceable. Section 65 of the Indian Contract Act, 1872 was held inapplicable because restitution cannot be granted where the agreement is tainted by statutory illegality, and judicial assistance would amount to enforcing a prohibited transaction. Case-Laws Companies Law Mon, 27 Feb 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200290