Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Entire Act]

State of Andhra Pradesh - Section

Section 61 in Andhra Pradesh Chit Funds Act, 1971

61. Interest at more than twelve percent not be allowed.

- No court shall award interest on claim arising under this Act at more than twelve percent per annum simple interest.