Bombay High Court Quashes FIR Against Money Lender for Advancing Loans Outside Licence Area Under Maharashtra Money Lending (Regulation) Act, 2014. Section 41 of the Act Does Not Prohibit Loans to Borrowers Outside Licence Area, Hence No Offence Made Out.
21 Jan 2021The applicant, Sainath Dhannalal Javheri, a partner of the firm Tikamdas Girdhardas Saraf, was a licensed money lender under the Maharashtra Money Len...
