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(1952) 2 MLJ 60 (Mad)
IN THE HIGH COURT OF JUDICATURE AT MADRAS
Present : Mr. Justice Govinda Menon and Mr. Justice Ramaswami Goundar, JJ.
Case Number(s) : Appeal No. 98 of 1948.
Judgement Date :
Wednesday 08th of August 1951
| Buragada Venkata Rao and another | .....Appellant(s) | | Versus |  | | Godavarti Venkataratnam and others | .....Respondent(s) |
Usurious Loans Act (X of 1918), section 3(1) and Explanation as amended by Madras Act (VI1I of 1937) — Power to be exercised if transaction as between parties was substantially unfair — 12 per cent. simple interest in the case where both parties were money-lenders — Fair rate.

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