NO LICENCE = Dismissed cheque bounce case

yessssss thats what  i wanna say  thanks sir

@Hemant Agarwal  thank  u for all this information..

If a person gives handloan to relaive/Family member with relationship proof then i understand its without Money lending Licence. How to prove Friendly Loan without the need of Money Lending Licence. Any Professional Money lender ( who is not having Money lending licence) will show that accused is his Friend. How to prove Friendship in court under NI138?

Please give me copy of Judgement about NO Money Lending License NO Complaint.

The basic concept is no legal liability and illegal transections can not be covered under NI 138 act. Good work by Mr agrawal, pl carry on. Much better than the tribe of I agree and I also agree contributors.

Hi, Can someone tell me what all Licences are required in delhi for being a Money lender. Thanks

A word of caution for all accused of NI 138 cases.

You must take this plea in lower court and must confront the complainant with his other cases or loans.

SOLITARY LOAN WILL NO QUALIFY FOR THIS CITATION. THERE ARE NO OF VARIOUS CONTRARY CITATION PARTICULARLY FROM P&H AND DELHI HIGH COURTS WHERE FOR SOLITATORY LOAN SUCH PLEAS WERE REJECTED.

HIGHER COURT CITATIONS.

1)   People get misguided by particular words or sentences in higher court citation and feel than like a computer or math problem it should be applicable to all.

 IT DOES NOT HAPPEN.

2)   Most important is that if a point is not raised  or not denied specifically in lower courts ,  it is presumed to be admission and at higher courts it can not be reopened. And so decisions  based on such admissions. can  not be applied in every case.

Particularly where proper pleadings are raised and matter is thoroughly agitated in lower courts.

Is there any supreme court judgement on this issue/subject

thanks for information