also uses the word 'loan'. Since the word 'loan' is
defined in the Act, 1961, it is logical that the word ... issued by the
defendant towards repayment of loan, takes away the
transaction from the ambit of loan defined under
also uses the word 'loan'. Since the word 'loan' is
defined in the Act, 1961, it is logical that the word ... defendant towards repayment of loan, takes away the
transaction from the ambit of loan defined under
Sections 2(9)(f) and 10 of the Bombay
within the ambit of the definition of the expression 'Loan' as defined in the Mysore Usurious Loans Act, 1923 (hereinafter referred ... secured. Therefore, the mortgage transactions in question satisfy the definition of loan as defined in Mysore Act IX of 1923.
11. The next question
cheque, draft, order or otherwise. The expression "secured loan or advance" is defined under section 5(n) and means a loan or advance ... taking goods and chattels in pawn for a loan. The expression "loan" is defined under section 2(5) and means an advance
interalia referring to Section 2(9) of
the Act which defines "loan". Thus, it was contended
that in view of the specific ... with the rules of the
fund;
(f) a loan to or by an insurance company
as defined in the Insurance Act, 1938
(Central
Microfinance loan'.
It reads as follows:
"3. Definition of Microfinance Loan
3.1 A microfinance loan is defined as a collateral free
loan given ... favour of the borrower. The borrower is defined;
microfinance is defined and vulnerable sections are defined.
Therefore, it is unequivocal that it is applicable only
Appellant No.3's loan account was
not a stressed account does not hold any merit because
the loan account of the appellant ... lenders are
permitted to transfer only 'stressed loans'. Further, the
stressed loan has been defined as "loan exposures that
are classified
come forward to
consider the_c!a__im waiver of the
said loan. ' l
notice issued, respondent-
bank enters' and files its statement ... loan was for the purpose of purchase
of property, which does not attract the defignitmin-..vv of
'Investment Loan' defined in Clause
loan to a trader;
(ii) a loan to a money-lender who holds a valid licence;
(iii) a loan by a landlord to his tenant ... business of advancing loans, whether loan is advanced in connection with any other business of money-lender or advance of loan business is done
section 2 of the Act defines the
"business of money-lending" means the business of advancing
loans whether or not in connection with ... Section 2 of sub- section 9 of the Act defines the
"loan" means an advance at interest whether of money or in
kind
