The Maharashtra Money Lending (Regulation) Act, 2014

The Maharashtra Money Lending (Regulation) Act, 2014 is an authoritative manual for understanding money lending laws in Maharashtra. The book provides clause-wise commentary on licensing of money lenders, permitted rates of interest, loan documentation, record maintenance, and compliance with statutory provisions. It also explains procedures for debt recovery, penalties for non-compliance, and obligations of licensed money lenders under the Act. Special attention is given to borrower protection, regulatory oversight, and the legal framework governing lending practices. Sample forms, formats, and templates are included to facilitate practical implementation of licensing and compliance procedures. The book also references notifications, amendments, and case laws to provide a comprehensive understanding of Maharashtra’s money lending regulations. Designed for lawyers, financial institutions, licensed money lenders, compliance officers, and regulators, this book makes complex legal provisions accessible and practical. It is an indispensable resource for ensuring lawful lending practices, protecting borrower rights, and maintaining compliance with the state’s regulatory framework.