Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Usurious Loans Act,1918

Act No : 10


Section : Insolvency proceedings.

4.Insolvency proceedings. On any application relating to the admission or amount of a proof of a loan in any insolvency proceedings, the Court may exercise the like powers as may be exercised under section 3 by a Court in a suit to which this Act applies. --------------------------------------------------------------------- 1 Ins. by Act 28 of 1926, s. 3. ---------------------------------------------------------------------


Read All Comments

Comments