TMI Blog2007 (10) TMI 685X X X X Extracts X X X X X X X X Extracts X X X X ..... JUDGMENT Markandey Katju, J. 1. This appeal has been filed against the impugned judgment of the Karnataka High Court dated 25.03.2000 in R.F.A. No. 531 of 1997. We have heard learned Counsel for the parties and perused the record. 2. The plaintiff-appellant has alleged that he was carrying the business of commission agent. The defendant was having an areca nut (supari) garden and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ial Court decreed the suit of the plaintiff but the said decree was set aside by the High Court. Hence this appeal. 5. Learned Counsel for the plaintiff-appellant has submitted that the plaintiff was not a money-lender as defined in Section 2(10) of the Karnataka Money Lenders Act. The aforesaid Section 2(10) states that a money-lender is one who 'carries on the business of money lending in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oubt, interest at the rate of 18 per cent per annum was charged on these loans yet that was not the principal object of advancing the loan. 9. In business various methods are adopted by a businessman for ensuring the smooth running of his business. Very often, one of the methods is that the businessman advances money to his supplier of goods to ensure that the supplies are regular and are made ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... odan Yagna Act, 1953 the lands which were donated by large landholders could be allotted to landless persons. It was held by this Court in U.P. Bhoodan Yagna Samiti v. Braj Kishore MANU/SC/0540/1988MANU/SC/0540/1988 : AIR1988SC2239 that the expression 'landless persons' should be interpreted to mean landless peasants and not landless businessman. If a literal meaning was given to the expre ..... X X X X Extracts X X X X X X X X Extracts X X X X
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