Skip to content

The Money-Lenders Act, 1940 (Bengal Act)

Section 19Application for cancellation of licence

In forceChapter III REGISTRATION AND LICENSING OF MONEY-LENDERS

Chapter III REGISTRATION AND LICENSING OF MONEY-LENDERS

s. 19

19. Application for cancellation of licence Any borrower may, in respect of any money-lender from whom he has taken a loan, make an application to a Competent Court for an order under section 20 on the ground that such money-lender has committed such contravention of the provisions of this Act or the rules made thereunder as render him unfit to carry on the business of money-lending, and on receipt of such application, the said Court shall hold such inquiry as it deems necessary.

End of s. 19.

Read the contents: The Money-Lenders Act, 1940 (Bengal Act)