Bare ActsThe Usurious Loans Act, 1918

Section 4

Insolvency proceedings.

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

On any application relating to the admission or amount of a proof of a loan in any insolvency proceedings, the Court may exercise the like powers as may be exercised under section 3 by a Court in a suit to which this Act applies.

Amended up to 2018-12-03View on India Code →
Section 4 – The Usurious Loans Act, 1918 | DailyLaw.ai