other business ; (4) "capital" means a sum of money which a money-lender invests in the business of money-lending ; (5) "company" means a company ... subordinate to the District Registrar. 4. Money-lender not to carry on business of money-lending except for area under licence and except in accordance
Indian Contract Act, 1872; (14) "money-lending business" and "business of money-lending" mean the business of advancing loans either solely or in conjunction with ... money-lenders. -
Each Sub-Registrar shall maintain in the prescribed form a register of money-lenders holding licences issued by him. 8. Money-lending business
intends to carry on his business, for
the grant of licence to carry on business of money lending every year
on or before such date ... control the money lending
business and protect the debtors from the malpractices in the business
by detecting illegal money lending. This exercise is a must
positive income" from dividend only; (2) that the entire business of money-lending, which was also inclusive of investments in shares, was considered ... funds employed by the assessee in its money-lending business or from other sources. The Tribunal has not specifically found, one way or the other
business of money-lending. In connection with an assessment on the profits and gains of his money-lending business for the year ... transaction of the kind which a person carrying on an extensive money-lending business like the late Maharaja, would sometimes find it necessary to enter
amounts advanced to them in course of the money-lending business of the Dubar, is income arising in connection with the said business within ... surplus money to invest and earn interest. The loan advanced in this case is part of operations connected with that money-lending business. Hence
moneys to borrowers who are, for the most part, owners of agricultural lands and plantations in and around the place where the money-lending business ... money-lending business after May, 192 7, on a larger scale than before.. The continuance of the business was with the moneys and assets
Hindu undivided family. Prior to 1931, he was carrying on a money-lending business in partnership with one Kasi Ayyar. The business of this partnership ... debtor under the decree, in the books of his own separate money- lending business which he was carrying on as manager of the family
including Rs. 1,00,000 as his income from money-lending business. He appealed to the Commissioner, who set aside the assessment and directed ... income from money lending.
18. It may be mentioned that the Assistant Commissioner had estimated the income from money lending as one lac. By this
prohibition under the Act for a money lender to lend his money in the course of his business to his servants or employees ... prevent a banker or a person carrying on money-lending business from lending money to those employed under him. That is not the case here
