Moneylenders (Prevention Of Money Laundering And Financing Of Terrorism) Guidelines 2021 – Singapore Statutes On-line

7B.-(1) A moneylender should prepare, maintain and retain data on all relevant loans granted by the private moneylender and all functions acquired by the moneylender for related loans, in such a manner as to -(a)allow any single transaction of the moneylender to be reconstructed (including the quantity of principal and curiosity and the type of currency) so as to offer, if needed, evidence for prosecution of any criminal activity;

9.-(1) On the hearing of any motion or summons under rule 5, any person who needs to be heard in opposition to the movement or summons, and appears to the Court to be a correct individual to be heard, shall be heard, notwithstanding that he has not been served with discover of the motion or the summons.

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With their traditional sources of income drying up regularly, in a bitter twist of fate, the Jagat Sheths now had to show to the British to meet their bills. Robert Clive provided them a yearly grant of three lakh rupees, however Kushal Chand, too proud to accept such paltry a sum (when the month-to-month household bills of the household, even in these times of adversity, was no less than one lakh rupees) declined it.