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Bombay High Court Clarifies: Mere Transfer of Money with Interest Does Not Make One a ‘Money Lender’
Court News

Bombay High Court Clarifies: Mere Transfer of Money with Interest Does Not Make One a ‘Money Lender’

Bombay HC rules interest-based loans don’t automatically make one a money lender; Section 13 bar needs trial, not Order 7 Rule 11 rejection.

Bombay High Court Maharashtra Money Lending Act Order VII Rule 11 CPC Section 13 Money Lending Act Justice Gauri Godse Commercial Dispute Rejection of Plaint Money Recovery Suit Hubtown Limited Ashok Commercial Enterprises
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