section 23
Promissory note, Bond, etc., to be factual.
The Maharashtra Money Lending (Regulation) Act, 2014General201457 sections
Statutory text
No money-lender shall take any promissory note, acknowledgment, bond or other writing which does not state the 1[actual amount of the loan and rate of interest] or which states such amount wrongly or execute any instrument in which blanks are left to be filled in after execution, without mentioning the date and amount of loan.
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