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[Cites 0, Cited by 0] [Section 2] [Entire Act]

Bombay Presidency - Subsection

Section 2(6) in The Bombay Money-Lenders Act, 1946

(6)"interest" includes any sum, by whatsoever name called, in excess of the principal paid or payable to a money-fender in consideration of or otherwise in respect of a loan, but does not include any sum lawfully charged by a money­lender for or on account of costs, charges or expenses in accordance with the provisions of this Act, or any other law for the time in force;