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Home›State Acts›The Kerala Prohibition of charging Exorbitant Interest Act 2012›section 3

section 3

Prohibition of charging exorbitant interest.

The Kerala Prohibition of charging Exorbitant Interest Act 2012
General201214 sections
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Statutory text

No person shall charge

exorbitant interest on any loan advanced by him.

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← section 2section 4 →

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Contents

14 matching sections

  1. 0Preamble
  2. 1Short title and commencement.
  3. 2Definitions.
  4. 3Prohibition of charging exorbitant interest.
  5. 4Offences to be cognizable and non-bailable.
  6. 5Deposit of money and presentation of petition before the Court and the procedure related thereto
  7. 6Restoration of possession of property.
  8. 7Voluntary disclosure.
  9. 8Adjustment of interest.
  10. 9Penalty.
  11. 10Court fees.
  12. 11Act not to be in derogation of any other laws.
  13. 12Act shall be in addition to and not in derogation of the provisions of any other law for the time being in force.
  14. 13Repeal and saving.
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