Act/Law wise: Judgment of Supreme Court of Bangladesh

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Money-Lenders Act [VII of 1933]
Section/Order/Article/Rule/Regulation Head Note
Sections 4 to 7

The Money Lenders Act, 1933, Bengal Money Lenders Act, 1940 and Usurious Loans Act, 1918 are applicable for the Money Lenders who are registered under those Acts and the Provisions of those Acts are not applicable in case of a schedule bank here in Banking Companies Act, 1981 and the plaintiff schedule bank is guided by the Banking Companies Ordinance, 1991. Further, section 30 of the Banking Companies Ordinance, 1991 provides bar on the Court to interfere with the charging of interest fixed by and between the bank and its client. Rupali Bank Ltd vs Md Jiaur Rahman 11 BLC 56. ....View Full Judgment