Whoever charges or recovers interest in contravention of section 31, shall, on conviction, be punished with fine which may extend to twenty-five thousand rupees, if it is first offence and with fine up to fifty thousand rupees, for the second or subsequent offence.
Section 44: Penalty for charging rate of interest in contravention of section 31.
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 | 44 |
| Marginal note | Penalty for charging rate of interest in contravention of section 31. |
| Jurisdiction | State of Maharashtra |
| Status | In force as published by the source |
Find the provision, not just read it
The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:
- Search 49,000+ Central and State enactments by what a provision says, not by its number
- Jump from any section to every judgment that has applied it
- Search 300 million+ Indian court records alongside the statute
- Ask a research agent to find and read the case law on a provision for you
Free account. No card. About a minute to create.
Create a free accountNeed this as data, not as a page? The Maharashtra Money-Lending (Regulation) Act, 2014. is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.