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Section 13: Suits and applications by unregistered money lenders barred

The Goa Money Lenders and Accredited Loan Providers Act, 2013.State Act of Goa · Act 23 of 2013

Notwithstanding anything contained in any other law for the time being in force,—

(i) a suit by a money lender for the recovery of a loan; or

(ii) an application by a money lender for the execution of a decree relating to a loan; or

(iii) an application for resolution of dispute through a Lok Adalat or Mamlatdar, shall be dismissed, unless at the time when the loan was advanced, the money lender held an effective registration under this Act.

CHAPTER V Accredited Loan Providers

Where this provision sits

ActThe Goa Money Lenders and Accredited Loan Providers Act, 2013.
Section13
Marginal noteSuits and applications by unregistered money lenders barred
JurisdictionState of Goa
StatusIn force as published by the source

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