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Home›State Acts›The Telangana Money Lenders Act, 1349 F›section 8

section 8

Receipt for payment of loan.

The Telangana Money Lenders Act, 1349 F
Finance14 sections
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Statutory text

Every money-lender shall, without delay, pass a receipt for the payment made by a debtor and if payment is made by challan an endorsement shall be made thereon acknowledging receipt thereof.

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← section 7section 9 →

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Contents

14 matching sections

  1. 1Short title, commencement and extent
  2. 2Definitions
  3. 3Money lenders to get their names registered
  4. 4Power to cancel or suspend licence
  5. 5Money lenders to maintain accounts and to furnish statements thereof to debtors.
  6. 6Omitted
  7. 7Debtors not bound to admit correctness of accounts.
  8. 8Receipt for payment of loan.
  9. 9Procedure of Court in suits for recovery of loans.
  10. 11Power of Court to limit interest due in certain cases.
  11. 12Order for payment of decretal amount by instalments.
  12. 13Punishment for molestation of debtor.
  13. 14Exemption from arrest.
  14. 16Power to exempt.
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