State Act
20A
Section 20A. Power of court to limit interest recoverable in certain cases
THE PUDUCHERRY MONEY LENDERS ACT, 1970
Act no. 26 of 19701970In forcePuducherry (State Act)
20A. Notwithstanding anything contained in any agreement or any law for the time being in force, no court shall in respect of any loan whether advanced before or after the date of the publication of the Puducherry Money Lenders (Amendment) Act, 1983 in the Official Gazette, decree on account of interest a sum greater than the principal of the loan due on the date of the decree.