Chh HC | Transaction where one party deposits/ lend money to other on promise of greater rate of interest than agreed rate will be a ‘money circulation scheme’ within meaning of S. 2(c) Prize Chits Money Circulation Schemes (Banning) Act, 1978
Chhattisgarh High Court: Rajendra Chandra Singh Samant J. dismissed the revision petitions being devoid of merit. The facts of the case are