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4 Dec 2018 1:56 PM IST
![S.7 IBC Application Cannot Be Rejected On Account Of Usurious Penal Interest Governed By Usurious Loans Act: NCLAT [Read Judgment]](https://www-livelaw-in.demo.remotlog.com/cms/wp-content/uploads/2018/12/NCLAT.jpg "S.7 IBC Application Cannot Be Rejected On Account Of Usurious Penal Interest Governed By Usurious Loans Act: NCLAT [Read Judgment]")