Skip to main content

The Usurious Loans Act, 1918

Central

It is expedient to give additional powers to Court to deal in certain cases with usurious loans of money or in kind;

Act number
10 of 1918
Ministry
Ministry of Finance
Department
Department of Economic Affairs
Enacted
22 Mar 1918
In force from
22 Mar 1918

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

4 sections

  1. Section 1Short title and extent.
  2. Section 2Definitions.
  3. Section 3Re-opening of transactions.
  4. Section 4Insolvency proceedings.