section 29
Power of Court to limit interest recoverable in certain cases.
The Maharashtra Money Lending (Regulation) Act, 2014General201457 sections
Statutory text
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.
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