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Section 14

The Arunachal Pradesh Money Lending (Regulation) Act, 2018 (Act No 9 of 2018)State Act of Arunachal Pradesh · Act 9 of 2018

( 1) Any person may, during the validity of a licence, file an application to the District Registrar for the cancellation of the licence issued to a money­ lender on the ground that such money-lender has been guilty of any act or conduct for which the District Registrar may under section 8, refuse him the grant of a licence. At the time of filing his application, the said person shall deposit such amount not exceeding · rupees five hundred as the District Registrar may deem fit.

(2) On the receipt of such application and deposit or of a report to that effect from an officer acting under section 16, the District Registrar shall hold an inquiry and if he is satisfied that the money-lender has been guilty of such act or conduct, he may cancel the licence of the money­ lender and may also direct the return of the deposit made under sub-section ( 1).

(3) If in opinion of the District Registrar an application made under sub-section

(1) is frivolous or vexatious, he may, out of the deposit made under sub­ section (1 ), direct to be paid to the money-lender such amount as he deems fit as compensation.

15. For the purposes of sections 6 and 16, the Registrar General, Divisional Registrar, District Registrar, Assistant Registrar and the officer authorized under section 16; and for the purposes of section 14 and 18 the District Registrar shall have and may exercise the same powers as are vested in a Civil Court under the Code of Civil Procedure, 1908, in respect of the following matters, namely:-

(a) enforcing the attendance of any person and examining him on oath;

(b) compelling the production of documents and material objects;

(c) issuing commissions for the examination of witnesses; and ( d) proof of facts by affidavits.

16. For the purpose of verifying, whether the business of money-lending is carried on in accordance with the provisions of this Act, the Registrar General, Divisional Registrar, District Registrar and Assistant Registrar or any other officer authorized by the State Government in this behalf may require any money-lender or any person in respect of whom the Registrar General, Divisional Registrar, District Registrar and Assistant Registrar or the officer authorized by him, has reason to believe that he is carrying on the business of money-lending in the State, to produce any record or documents in his possession which in his opinion is relevant for the purpose and thereupon such money-lender or person shall The Arunachal Pradesh Extraordinary Gazette, May 9, 2018 7 I -~ . produce such record or documents. The Registrar General, Divisional Registrar, District Registrar and Assistant Registrar or officer so authorized may, after reasonable notice, at any reasonable time enter and search without warrant any premises where he believes such· record or documents to be kept and inspect such record or documents and may ask any question necessary for interpreting or verifying such record.

Where this provision sits

ActThe Arunachal Pradesh Money Lending (Regulation) Act, 2018 (Act No 9 of 2018)
Section14
JurisdictionState of Arunachal Pradesh
StatusIn force as published by the source

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