Jammu and Kashmir Money Lenders and Accredited Loan Providers Act, 2010
Bare Act · 2010
- Act number
- 23 of 2010
- Enacted
- 23 October 2010
- Contents
- 30 sections
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Contents
- Section 1 – Short title, extent and commencement
- Section 2 – Definitions
- Section 3 – Appointment of registering authority
- Section 4 – Register of money lenders
- Section 5 – Money lender to obtain registration
- Section 6 – Duty of money lender to maintain accounts and furnish copies (preview)
- Section 7 – Submission of accounts, returns etc (preview)
- Section 8 – Power to require production of records or documents, and power of entry, inspection and seizure (preview)
- Section 9 – Borrowers not bound to admit correctness of accounts (preview)
- Section 10 – Procedure in disputes regarding loan (preview)
- Section 11 – Power of Panchayat or Lok Adalat to deposit money due on loan in Panchayat or Lok Adalat (preview)
- Section 12 – Suits and applications by un-registered money lenders barred (preview)
- Section 13 – Registration of accredited loan providers (preview)
- Section 14 – Submissions of accounts, returns etc (preview)
- Section 15 – Settlement of disputes (preview)
- Section 16 – Cancellation of registration (preview)
- Section 17 – Limitation on rates of interest charged by money lenders and accredited loan providers (preview)
- Section 18 – Maximum amount of interest recoverable on loans and discharge of loans in certain cases (preview)
- Section 19 – Entry of wrong sum in bond, etc. to be an offence (preview)
- Section 20 – Penalty for salami, batta, dharmada etc (preview)
- Section 21 – Penalty for molestation (preview)
- Section 22 – Penalty for carrying on business without registration (preview)
- Section 23 – Penalty for contravention of the provisions of the Act (preview)
- Section 24 – Composition of offences (preview)
- Section 25 – Cognizance of certain offences (preview)
- Section 26 – Every officer to be public servant (preview)
- Section 27 – Saving of laws relating to agriculturists’ indebtedness (preview)
- Section 28 – Power to make rules (preview)
- Section 29 – Power to exempt (preview)
- Section 30 – Annual report on the administration of the Act (preview)