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    <title>1940 (12) TMI 26 - FEDERAL COURT</title>
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    <description>An appellate court may take account of a supervening change in law while the appeal remains pending and may apply the law in force at the time of adjudication to mould relief. Section 7 of the Bihar Money-Lenders Act, 1939 was construed as referring to the loan advanced or evidenced by the bond, so the statutory ceiling on interest applied to the contractual loan itself and not merely to the smaller portion later found binding on the joint family. Procedural objections under Order 45 of the Civil Procedure Code did not defeat jurisdiction where the statutory certificate had been granted and the required steps were substantially complied with.</description>
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    <pubDate>Fri, 06 Dec 1940 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=279877</link>
      <description>An appellate court may take account of a supervening change in law while the appeal remains pending and may apply the law in force at the time of adjudication to mould relief. Section 7 of the Bihar Money-Lenders Act, 1939 was construed as referring to the loan advanced or evidenced by the bond, so the statutory ceiling on interest applied to the contractual loan itself and not merely to the smaller portion later found binding on the joint family. Procedural objections under Order 45 of the Civil Procedure Code did not defeat jurisdiction where the statutory certificate had been granted and the required steps were substantially complied with.</description>
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      <pubDate>Fri, 06 Dec 1940 00:00:00 +0530</pubDate>
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