section 21
Contracts not to be void on account of offence
The Puducherry Money Lenders Act, 1970Finance197032 sections
Statutory text
Subject to the provisions of sub-section (3) of section 1OA, where a money lender is guilty of an offence punishable under this Act, any contract made by him in relation to his business of money-lending shall not be void by reason only of that offence nor shall he, by reason only of that offence, lose his right to the loan and the interest and other charges, if any, payable in respect thereof.
Study data processing for this section.
PDF: pending for this language.