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Unlicensed Money Lender Cannot Obtain Recovery Decree: Calcutta HC

Case Law Details

Case Name
Smt. Sudha Kankaria Vs Smt. Bhavya Bothra (Calcutta High Court)
Date of Judgement/Order
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Advertisement Smt. Sudha Kankaria Vs Smt. Bhavya Bothra (Calcutta High Court) Money Recovery Suit Dismissed Because Lender Failed to Produce Licence Under Bengal Money Lenders Act; Calcutta HC Relies on Income Tax Returns to Hold Plaintiff Was Engaged in Money-Lending Business; Earlier Admission About Licence Requirement Operated as Res Judicata; Money Recovery Decree Set Aside Because Plaintiff Admitted Applying for Money-Lending Licence: Calcutta HC In, the appeal before the Calcutta High Court challenged a trial court decree passed in a suit for recovery of money lent and advanced. The a...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 18,853

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