HC directs Telangana police to act against app-based money lenders
Hyderabad: The Telangana High Court on Thursday directed the state police to initiate immediate and necessary action against the instant app-based money lenders, accused of harassing borrowers over repayment of loans with higher rate of interest. When apetition by Kalyan Dileep Sunkara, a lawyer, seeking to ban all illegal online loan applications came up, a division bench comprising Chief Justice Hima Kohlidirected the state DGP to ensure that such apps were blocked or deleted from Google Play store.
The bench also ordered the police to nab those running such apps and issuing instant loans.
The petitioner had sought a court direction to the state government to ban all illegal online loan apps available on Google Play store.