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1985 (9) TMI 354 - ANDHRA PRADESH HIGH COURTExtract: .......fects the pending proceedings also though the Act came into force on 15-2- 1984 . Thus it is clear that the Usurious Loans Act is no longer applicable to any debt due to a Banking Company. 6. In view of this, no other survives for our decision in this appeal and accordingly the appeal is dismissed. We make no order as to costs. 7. Appeal dismissed.
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