https://www.taxtmi.com/highlights?id=66447 Dishonor of Cheque - Application of Money Lending Act - The complainant in the cross examination though admits that he is engaged in money lending business and he is not a registered money lender, as far as this transaction is concerned, even in his statutory notice, the complainant has categorically stated that the petitioner herein being a long time friend has lend money for free of interest. That being the case, when the transaction is not for interest, the Money Lending Act have no application. - HC en-us Wed, 09 Nov 2022 11:05:18 +0530 Wed, 09 Nov 2022 11:05:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66447 Dishonor of Cheque - Application of Money Lending Act - The complainant in the cross examination though admits that he is engaged in money lending business and he is not a registered money lender, as far as this transaction is concerned, even in his statutory notice, the complainant has categorically stated that the petitioner herein being a long time friend has lend money for free of interest. That being the case, when the transaction is not for interest, the Money Lending Act have no application. - HC Highlights Indian Laws Wed, 09 Nov 2022 11:05:18 +0530 https://www.taxtmi.com/highlights?id=66447