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    <title>1961 (9) TMI 105 - MADHYA PRADESH HIGH</title>
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    <description>Section 11-F of the Central Provinces and Berar Moneylenders Act, 1934 penalises money-lending without a valid registration certificate, but the scheme of the Act does not render the underlying loan void. Registration is treated as a condition affecting the money-lender&#039;s ability to proceed with the suit, not the legality of the advance itself. A certificate that is valid and in force when the suit is pending satisfies Section 11-H, even if the lender did not hold it on the date of the loan transaction. The borrower is not given additional substantive protection merely from the registration requirement.</description>
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    <pubDate>Thu, 28 Sep 1961 00:00:00 +0530</pubDate>
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      <title>1961 (9) TMI 105 - MADHYA PRADESH HIGH</title>
      <link>https://www.taxtmi.com/caselaws?id=296071</link>
      <description>Section 11-F of the Central Provinces and Berar Moneylenders Act, 1934 penalises money-lending without a valid registration certificate, but the scheme of the Act does not render the underlying loan void. Registration is treated as a condition affecting the money-lender&#039;s ability to proceed with the suit, not the legality of the advance itself. A certificate that is valid and in force when the suit is pending satisfies Section 11-H, even if the lender did not hold it on the date of the loan transaction. The borrower is not given additional substantive protection merely from the registration requirement.</description>
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      <pubDate>Thu, 28 Sep 1961 00:00:00 +0530</pubDate>
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