4.9 Legal Provision on Money Lending Transaction (Lenden Byabahar)

The Code's lending chapter (the Ain's money-lending (karza) provisions' successor): the loan transaction's formalities (the deed, the witness, the interest terms); the interest discipline (the law's ceiling on interest; the compound-interest restrictions; the usury's prohibition); the creditor's remedies (the repayment suit; the mortgage enforcement; the attachment discipline) and the debtor's protections (the limitation periods; the essential-property protections; the anti-coercion rules — no self-help seizure); beside the financial statutes (the banking regime — LAW 313's cross- read) and the informal credit reality (the sahuji system the Code's formalities never fully reached). The critical study: the rural debt economy — the Code's protective rules vs. the undocumented lending's persistence; the debt-bondage connections (the Kamaiya history).