Bare ActsThe Goa, Daman & Diu Chit Funds Act, 1973

Section 62

Interest at more than twelve per cent not to be allowed

Amendment status not verified — confirm the current text below against the official source.

Interest at more than twelve per cent not to be allowed. — No court shall award interest on claims arising under this Act at more than twelve per cent per annum simple interest.

Section 62 – The Goa, Daman & Diu Chit Funds Act, 1973 | DailyLaw.ai