https://www.taxtmi.com/caselaws?id=305076 The court found in favor of the plaintiff on all issues. The suit was filed within the limitation period, and the plaintiff was entitled to charge interest at 24% per annum. The plaintiff proved the claim with documentary evidence, and the court rejected the argument of engaging in money lending without a license. The payment received was credited, and the suit for interest only was maintainable. The court ruled the defendants to pay Rs. 5,00,000/- with interest and the costs of the suit to the plaintiff, decreeing accordingly. en-us Thu, 10 Jan 2008 00:00:00 +0530 Tue, 15 Nov 2022 10:41:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305076 The court found in favor of the plaintiff on all issues. The suit was filed within the limitation period, and the plaintiff was entitled to charge interest at 24% per annum. The plaintiff proved the claim with documentary evidence, and the court rejected the argument of engaging in money lending without a license. The payment received was credited, and the suit for interest only was maintainable. The court ruled the defendants to pay Rs. 5,00,000/- with interest and the costs of the suit to the plaintiff, decreeing accordingly. Case-Laws Indian Laws Thu, 10 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305076