The Maharashtra Money-Lending (Regulation) Act, 2014.
Section 44. Penalty for charging rate of interest in contravention of section 31.
Whoever charges or recovers interest in contravention of section 31, shall, on conviction, be punished with fine which may extend to twenty-five thousand rupees, if it is first offence and with fine up to fifty thousand rupees, for the second or subsequent offence.
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