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[Cites 0, Cited by 0] [Section 11] [Entire Act]

State of Kerala - Subsection

Section 11(1) in The Kerala Money-Lenders Act, 1958

(1)Any money-lender whether licensed or not-
(a)who actually advances an amount less than the amount shown in his accounts or registers or other documents relating to the loan, or
(b)who takes or receives interest or any other charge at a rate higher than the rate shown in the accounts, registers or documents aforesaid or allowed under this Act shall be punished with imprisonment which may extended to six months or with fine which may extend to one thousand rupees or with both.