CHHABI BARUI Vs. DEBENDRA NATH DAS

JUDGEMENT

(1.) THIS application for revision is directed against the order dated 19 -8 -78 passed by the learned Munsif, Raghunathpur, rejecting the application under Section 38(1), of the Bengal Money -Lenders Act, 1940 praying for taking accounts of the loan described in the petition and for declaring the amount due to the lender.

(2.) THE case of the petitioner was as follows: - -

(3.) THIS application was opposed by the Opposite Party on the averment that the transaction was not at all a loan transaction but an out and out sale with an option to repurchase.