Act Number: 10

Act Name: The Usurious Loans Act, 1918

Year: 1918

Enactment Date: 1918-03-22

Long Title: It is expedient to give additional powers to Court to deal in certain cases with usurious loans of money or in kind;

Ministry: Ministry of Finance

Department: Department of Economic Affairs

Section 4: Insolvency proceedings.
    On any application relating to the admission or amount of a proof of a loan in any insolvency proceedings, the Court may exercise the like powers as may be exercised under section 3 by a Court in a suit to which this Act applies.
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