https://www.taxtmi.com/caselaws?id=309261 A suit for recovery of a loan was held within limitation because the instrument showed repayment became due on 13-3-1974, and the suit filed on 7-7-1976 was therefore timely. The Bombay High Court also held that section 10 of the Bombay Money Lenders Act, 1946 did not apply, as the defendant failed to prove that the plaintiff was carrying on money-lending as a profession; isolated advances did not amount to a money-lending business. The concurrent decree in favour of the plaintiff was sustained and the second appeal was dismissed. en-us Fri, 18 Sep 1998 00:00:00 +0530 Mon, 21 Aug 2023 16:11:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309261 A suit for recovery of a loan was held within limitation because the instrument showed repayment became due on 13-3-1974, and the suit filed on 7-7-1976 was therefore timely. The Bombay High Court also held that section 10 of the Bombay Money Lenders Act, 1946 did not apply, as the defendant failed to prove that the plaintiff was carrying on money-lending as a profession; isolated advances did not amount to a money-lending business. The concurrent decree in favour of the plaintiff was sustained and the second appeal was dismissed. Case-Laws Indian Laws Fri, 18 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309261