Roy labored for Digby, as munshi, 1805-09, and as diwan, 1809-10, and 1812-15, when Digby was Collector legal loan at Rangpur. Throughout the time he was a number of occasions a part of a delegation to Bhutan to help settle border disputes between Bhutan and Cooch-Behar. Digby taught him about western culture and helped him to excellent his English. His money-lending, dealings in real-estate, and work for the East India Company made him a wealthy man.
The court docket stated that it was not within the competence both of the supervisor of the minor’s property or of the guardian of the minor, to bind the minor or the minor’s property by a contract for the purchase of immovable property; that as the minor was not bound by the contract, there is no mutuality; and that consequently the minor couldn’t acquire specific efficiency of the contract.
At the conclusion of the trials, John Thomas of Merthyr Tydfil, who was employed in the course of the riots as a peace-officer, and who apprehended the prisoner when he was dedicated to jail, was known as by the prisoner’s counsel, and was ready to show, upon oath, that while the mob have been assembled before the home of Mr Coffin at Merthyr Tydfil, a few of them attacked him (J. Thomas) and violently beat him. And but for the well timed assist of the prisoner, who really fought in his defence, and by which he was himself severely crushed, he would, in all chance, have been killed.
1. Guaranteeing the licensed Money lenders furnish the borrower with a replica of the loans agreement including all fees as a substitute of a gross sales settlement.
2. Ensuring the licensed Money lenders display interest costs at all times at the premises where moneylending business is performed.
3. unlawful money lenders in the business will quickly be caught by the law which enacted the establishment of UMRA.