AIR 2011 JHARKHAND 47 ::2011 (1) AIR Jhar R 532 ::(2011) 2 CivLJ 714 ::(2011) 2 BankCas 508 ::(2011) 1 JCR 57 (JHA)

Jharkhand High Court

Hon'ble Judge(s): N. N. Tiwari , J

Civil P.C. (5 of 1908) , S.34, S.100— Bihar (Jharkhand) Money Lenders Act (3 of 1938) , S.2(d)— Interest - Money suit - Defendant had borrowed amount for purchasing piece of land - It was a friendly loan - For such single transaction, money lending licence is not necessary - Such transaction is not covered by provisions of Money Lending Act - Award of interest in accordance with provisions of Section 34 of Code - No interference. (Para 11 13 14)