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Levy of 30% interest by film financiers not usurious, says Madras High Court

Summary by The Hindu
Justice P.T. Asha rejects the contention raised by actor Vishal and directs him to pay ₹30.05 crore with 30% interest p.a. from February 2021

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Mises InstituteMises Institute
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Why Lending Money (at Interest) Is Not Usury in the Modern World

In contrast to an ancient agrarian economy, the developing economy presented many risks and costs for lenders, and the idea of what was fair and just in money

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The HinduThe Hindu
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Levy of 30% interest by film financiers not usurious, says Madras High Court

Justice P.T. Asha rejects the contention raised by actor Vishal and directs him to pay ₹30.05 crore with 30% interest p.a. from February 2021

·India
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The Hindu broke the news in India on Saturday, June 7, 2025.
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