Notwithstanding anything contained in any agreement or any law for the time being in force, no Court shall, in respect of any loan whether advanced before or after the date on which this Act comes into force, decree, on account of interest, a sum greater than the principal of the loan due on the date of the decree.
Section 29: Power of Court to limit interest recoverable in certain cases.
The Maharashtra Money-Lending (Regulation) Act, 2014.State Act of Maharashtra · Act 8 of 2014
Where this provision sits
| Act | The Maharashtra Money-Lending (Regulation) Act, 2014. |
|---|---|
| Section | 29 |
| Marginal note | Power of Court to limit interest recoverable in certain cases. |
| Jurisdiction | State of Maharashtra |
| Status | In force as published by the source |
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