Bare ActsThe Gujarat Money Lenders Act 2011

Section 41

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

Ifany Money-Lender or a person takes from a debtor at the time of advancing aloan or deduct out ofthe principal ofsuch loan aty salami, batta, dharmada or other extraction of similar nature by whatever name called, he shall be punishable with fine which may extend to twetrty thousand rupees.

Section 41 – The Gujarat Money Lenders Act 2011 | DailyLaw.ai