GUJARAT MONEY-LENDERS ACT, 2011

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Preliminary (Gujarat Act No. 14 of 2011)

S.1 Short title extent and commencement.

S.2 Definitions.

S.3 Authorities for implementation of the Act.

S.4 Register of Money-Lenders.

S.5 No business of money-lending except registration.

S.6 Application for Registration.

S.7 Grant of Registration.

S.8 Term of Registration.

S.9 Renewal of Registration.

S.10 Refusal for grant or renewal or registration.

S.11 Grant of duplicate certificate of Registration.

S.12 Power of Registrar to inspect.

S.13 Suspension of Registration.

S.14 Application to Registrar General for cancellation of Registration.

S.15 Power of Registrar to cancel registration in certain circumstances.

S.16 No compensation or refund of fees for suspension or cancellation of registration.

S.17 Money-Lender debarred from carrying on business during suspension or cancellation of registration. Q

S.18 Registrar General and other officers to have powers of civil courts for certain purposes.

S.19 Powers of certain officers to require production of record on documents, search and seizure, etc.

S.20 Disposal of property pledged or mortgaged with Money-Lender carrying on business of money-lending without valid registration.

S.21 Duty of Money Lender to keep accounts and furnish statements.

S.22 Delivery of statement of yearly accounts and documents to debtors by Money-Lender.

S.23 Audit of accounts of Money-Lander.

S.24 Debtor not bound to admit correctness of particulars in statements or pass book.

S.25 Money-Lender not to dispose off pawned articles before certain period.

S.26 Stay of suits by Money-Lender not holding valid registration.

S.27 Procedure of court in suits regarding loans.

S.28 Power of Court to limit interest recoverable in certain cases.

S.29 Power of Court to direct payment of decretal amount by installments.

S.30 Reopening of transactions.

S.31 Inquiry for taking accounts and declaring the amount due.

S.32 Deposit in Court of money due to Money-Lender.

S.33 Limitation on rate of interest.

S.34 Prohibition of charge for expenses on loans by Money-Lender.

S.35 Notice and information to be given on assignment of loan.

S.36 Application of Act as respects assignees.

S.37 Manner of calculating interest.

S.38 Entry of wrong sum in documents, etc. to be offence.

S.39 Prohibition against recovery of loan or interest except in cash.

S.40 Penalty for molestation.

S.41 Penalty for salami, batta, dharmada, etc.

S.42 Penalty for contravention of section 5,19,33 or 38.

S.43 Penalty for contravention of section 21 or section 22.

S.44 General provision for penalty.

S.45 Power of Court to suspend or cancel registration in certain cases.

S.46 Offences by corporations.

S.47 Certain offences to be cognizable.

S.48 Cognizance of certain offences with sanction of Registrar.

S.49 Compounding of certain offences.

S.50 Prohibition of arrest and imprisonment of agricultural debtors in execution of decrees of money.

S.51 Officers and employees to be public servants.

S.52 Indemnity

S.53 Provisions of any other Act in force saved.

S.54 Grant of copies of documents on payment of fees.

S.55 Power to make rules.

S.56 Power of State Government to exempt.

S.57 Provisions of Gujarat 35 of 1976 not to effect.

S.58 Repeal and savings.

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