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https://www.scconline.com/blog/post/2021/04/13/chh-hc-a-transaction-where-one-party-deposits-lend-money-to-other-on-promise-of-greater-rate-of-interest-than-the-agreed-rate-will-be-a-money-circulation-scheme-within-meaning-of-s-2c-prize/
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
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