THE PUNJAB REGISTRATION OF MONEY-LENDERS RULES, 1939

 

1.                  (1) These rules may be cited as the Punjab Registration of Money-Lenders Rules, 1939.

(2) In these rules, unless there is anything repugnant in the context, “Act” means the Punjab Registration of Money-Lenders Act, 1938.

 

2.                  Application for registration under section 4 of the Act shall be made, in the annexed form A, to the Collector of the district where the applicant has his residence, or, if he has no residence in Punjab, where he has his principal place of business in the [State].

 

3.                  Application for registration shall bear the court fee prescribed in article I (b) of Schedule II of the Court Fees Act, 1870 and shall be signed and verified by the applicant in the manner provided in Order VI, Rules 14 and 15 of the First Schedule to the Code of Civil Procedure, for plaints in suits.

 

4.                  An application for registration on behalf of a firm shall be signed by all the persons constituting the firm or their representatives duly empowered, or in the case of a minor by the person representing him in the business: Provided that no application shall be entertained which does not bear the personal signature of at least one member of the applicant firm.

 

5.                  Every application for registration shall be presented by the applicant personally or through a duly authorised agent: Provided that where there are more applicants than one, any one of them may present it.

 

6.                  (1)The Collector shall, if the application for registration is in order (or if it is not in order after getting the necessary corrections made therein), and if he finds after making such inquiries as he considers necessary that the grant of the application will not offend against any order made under section 6 of the Act, direct the applicant to deposit [within a period of one month] in Government treasury a sum representing the fee prescribed in section 4 of the Act.

            (2)        After the applicant has deposited the fees in the Government treasury and produced the receipt therefor, the Collector shall direct the money-lender’s name to be registered.

[(3) If the applicant does not deposit the fee within the prescribed period, his application shall be consigned to the General Record Room, and he shall submit a fresh application for registration.]

 

7.                  On registration of the applicant’s name under the preceding rule the collector shall issue a certificate to him in form B annexed.

 

8.                  No license shall be granted under section 5 unless the applicant has been registered under section 4 of the Act.

 

9.                  (1)Applications for the grant or renewal of licenses shall be made to Collector mentioned in rule 2 above in form C annexed.

(2) The provisions of rule 3 above in regard to verification and to the payment of court fee shall be equally applicable to applications for the grant or renewal of licences under the preceding sub-rule.

(3) In the case of a firm any adult member, or the guardian of a minor member, may make an application for a licence on behalf of the firm.

 

10.              Every application for the issue or renewal of a licence shall be accompanied by an affidavit stating whether any court has since the making of last application ( if any) made any order in relation to the applicant in regard  to any matters mentioned in section 6 of the Act.

 

11.              After making such inquiries as he thinks necessary, the Collector shall, if he finds that there is nothing to debar the grant or renewal of the licence, direct the applicant to deposit [ within a period of one month] in the Government treasury a sum representing the fee prescribed in rule 12.

 

12.              [(1) The fees for grant or renewal of licences shall be as under :-

(a)     

(a)        For the grant of licence for the district in which the money-lender is first registered-

                (i)     If the application is submitted within one month from the date of registration of his name.

Five rupees a year.

                (ii)    If the application is submitted thereafter

Seven rupees a year.

(b)        For renewal of licence for the district in which the Money-lender is first registered.

Three rupees a year

(c)        For the grant [or renewal of] licence for every Other district to which validity of the licence subject to a maximum Of fifteen rupees a Year (including the Initial fee) for the Whole [state.] May be extended.

Two rupees a year

 

(2) The fee for the issue of a duplicate copy of a registration certificate or of a licence, in event of the loss of the original document, shall be one rupee for each duplicate copy.]

 

13.              (1) After the applicant has deposited the prescribed fee in the Government treasury and has produced the treasury receipt therefor, the Collector shall issue a licence in Form D annexed.

[(2) If the applicant does not deposit the fee within the prescribed period his application shall be consigned to the General Record Room, and he shall submit a fresh application for the grant of a licence.]

 

14.              An application for the renewal of a licence shall be made not less than one month before its expiry: Provided that the Collector may for sufficient reasons condone a delay not exceeding one month on payment of a penalty of two rupees.

 

15.              A licence may be issued or renewed for a period not exceeding three years at one time, on the payment by the applicant of the full fees for the period.

 

16.              Licences shall ordinarily ne made valid for the district of issue only, but it shall be open to the Collector, after making such inquiries as he considers necessary from the Collector of any other district, to extend the validity of a licences so as to include the area of that district.

 

17.              Notices issued under the proviso to sub-section(1) of section 7 of the Act shall be in form E annexed, and shall be served in accordance with the procedure laid down in order V of the first Schedule to the Code of Civil Procedure for the service of summons.

 

18.              As soon as any order is made by the Collector for the cancellation of a licence the money-lender shall surrender the same, and the Collector shall endorse thereon the word “Cancelled” in red ink under his signature, with the date of so doing.

 

19.              (1) The cancellation of a licence by a collector under section 6 of  the Act shall be published in the Punjab Government Gazette, and any order made in appeal or review for the restoration of a licence shall be published in the same way.

(2) Intimation of all orders referred to in the preceding sub-rule shall also be given by the authority making the order to the District Judge of every district in which the licence is operative, with the request that the substance of the order be communicated to all the subordinate civil courts.

 

20.              (1) Every appeal against an order of a Collector under section 6 of the Act shall be preferred in the form of a memorandum stamped as required under Article I (c) of Schedule II of the Court Fees Act, 1870, and shall be accompanied by an attested copy of the order appealed against.

(2) As soon as an appeal is filed the Commissioner shall cause notice of the same to be given to the Collector against whose order it is directed, and shall invite him to make such comments, as he may consider necessary in connection with the grounds of appeal.

            (3) Notice of the appeal shall also be served on any other person who may have moved the Collector under sub-section (1) of section 7 of the Act or who may have otherwise appeared as a party before him.

(4) In all other respects the procedure in appeals under the Act shall be governed by the provisions of the Punjab Tenancy Act, 1887, and the rules made thereunder for the hearing of appeals against the orders of revenue officers, so far as they can be made applicable.

 

21.              Every application under sub-section(2) of section 7 or sub-section (4) or sub-section (5) of section 11 of the act shall bear a court fee stamp as laid down in Article I(b) or I(c), as the case may be, in Schedule II of the Court Fees Act, 1870.

 

22.              If an original order section 6 or sub-section (2) of section 7or an appellate order under section 11 of the Act is announced in the absence of the money-lender, it shall be communicated to him by registered post (acknowledgement due).

 

23.              When a certificate is granted by a Commissioner to a money-lender under sub-section(3) of section 11, it shall be in form F annexed to these rules.

 

Application for registration of a Money-lender

(Section 4 of the Punjab Registration of Money-lenders Act, 1938[Nh1] )

 

In the office of the Collector of  ___________________________tehsil ____________________________ (Here give the name of the tehsil containing the town or village where the money-lender resides or has his principal place of business.)

Town/Village __________________________________ ( Here given the name of the town or the village where the money-lender resides or has his principal place of business.)

 

(a)    Name of the applicant, with  parentage, caste, residence, and address in full.

(b)   In cases where the applicant is a firm, the names of all persons constituting it, with parentage, caste, residence and address in full of each.

(c)    In cases where the applicant is a firm: whether it is a Hindu joint family firm otherwise constituted, and whether it has been registered under the Indian Partnership Act, 1932.

(d)   Name of style under which the applicant carries on his money-lending business.

(e)    Name of the district within which the applicant has his business on the date of the application.

(f)     Names of the districts to which the applicant wishes in future to extend his business.

(g)    Location of the applicant’s principal place of business, with full particulars thereof and the name, parentage, caste and address of the person in charge.

(h)    Has the applicant any office at any other station? If so, give complete particulars with the name, parentage, caste and address of the person in charge of each office.

(i)      What is the extent of the total business of the applicant on the date of application?

(j)     For how long has the applicant carried on the business of money-lending?

(k)   Whether any application for registration had previously been made by the applicant; or where the applicant is a firm, by any one or more of its members singly or jointly inter se or with any other person under any name. If so, when, where and with what result?

(l)      (I) In case the applicant had previously been registered and licensed, give full particulars of the licence.

(ii) State whether any licence granted previously to the applicant ( or where the applicant is a firm, to any one or more of its members singly or jointly inter se or with any other person) has been cancelled: If so, full particulars should be given, including the name of the officer and terms of the order cancelling the licence.

(m)  Whether money-lending is the sole business of the applicant or whether he is engaged in any other business profession or calling.

 

Certified  that all the facts set out in the application are true to my knowledge except paragraphs ________________ which are true to my belief being based on information supplied by _______________________

 

 

(Signature of the person making

the verification with date and

place of so doing.)                   

(Signature of the applicant with date.)

 

 

Money-Lender’s Registration Certificate

(Section 4 of the Punjab Registration of money-lenders Act, 1938)

 

District …………………………………

Tehsil …………………………………..

Register No …………………………………….

Certified that ……………………………………son/daughter/ wife of …………………….. caste …………………………………………… resident of …………………………………………………… the firm …………………………..

                        (his/her)

With ___________________________________ principal place of business at ____________________________________________ has been registered as a money-lender under section 4 of the Punjab Registration of Money-Lenders Act, 1938, on the ______ day of ______________19 .

 

The registration firm is constituted by –

1.……Son of …………….., caste ……………., resident of …………

2…… Son of …………….., caste ……………., resident of …………

3…… Son of …………….., caste ……………., resident of …………

4…… Son of …………….., caste ……………., resident of …………

5.……Son of …………….., caste ……………., resident of …………

6…… Son of …………….., caste ……………., resident of …………

 

(Seal of the Collector)

                                    Signed ____________________,

                                                                                    Collector,

                                                                                    District

 

Where the money lender is a single individual cross out this portion

                                                grant

Application for the _________________ of a Money-Lender’s Licence.

                                                Renewal

(Section 5 of the Punjab Registration of Money-Lender’s Act, 1938)

In the office of the Collector _____________ Tahsil _________________,

Town                                                   Post Office

__________                                        ________________

Village                                                  Police Station

 

The applicant submits as follows:-

(1)   That he is registered money-lender in the district with necessary particulars being.

Tahsil _____________________________

Town                                                   Post Office

__________                                        ________________

Village                                                  Police Station

 

Register No. _______________________

                                                Commencement of the act

(2)   That since the ________________________________________

                                    Application for the grant of the previous

Licence dated __________________________

No court has given any finding against the applicant with regard to acts or omissions of the kind referred to in section 6 of the Act, with the following exceptions :-

(1)   ______________________________________

(2)   ______________________________________

(3)   That on the date of this application his total business does not exceed Rs. _____________ as principal.

                                    He may be granted a licence

(4)   That he prays that _____________________________________

                                    His licence which expires on                 

For the year  ________________________________________

May be renewed for three years _____________________ to ___________________ on the prescribed terms in regard to fee and otherwise.

            Verified that all the facts set out in the application are true to my knowledge except paragraphs ________________________ which are true to my belief based on the information supplied by ________________

 

(Signature of the person

making the verification with

date and place.)           

                                                            Signed : ___________________

                                                            Dated _____________________

 

Money-Lender’s Licence

(Section 5 of the Punjab Registration of Money-Lender’s Act, 1938)

District  ……………………………..

Tahsil ……………………………...

Town                                                   Post Office

__________                                        ________________

Village                                                  Police Station

Licence No ……………………….

This licence has been granted to …………………………………………… to practise as a money-lender on the following terms:-

(a)    This licence will be valid up to …………………………………..

(b)   It shall entitle the licensee to carry on the business of money-lending within the area of…………………………………………………………….

(c)    The  licencsee shall report to the Collector issuing this licence any finding which any court may during its currency give against him regarding acts or omissions of the kind described in section 6 of the Act.

(d)   The licensee shall surrender the licence when ordered to  so by the Collector granting it or by the Commissioner or any Court.

 

(Seal of the Collector)                                       Signed ……………………..

                                                                        Collector,

                                                            Dated …………………………

Renewal

 

This licence has on payment of the proper fees been renewed as under :-

From ………………………………  to ………………………….

                                               

                                                            …………………………………………

                                                (Signature of the officer granting renewal.)

                                                            Dated …………………….

 

E

Notice to Money-Lender.

[Section 7(1) of the Punjab Registration of Money-Lenders Act, 1938.]

 

IN THE OFFICE OF THE COLLECTOR ……………………… DISTRICT.

(Notice under section 7  of the Punjab Registration of Money Lenders Act, 1938)

 

To……………………………………………………

 

( Here give the name and full particulars of the money-lender, whether an individual or a firm, and in case of a firm, give the name and full particulars of the manager in addition.)

                                                case

            Whereas it has come to my notice that in the  ……………………. Noted overleaf cases finding                                   has                   court               

a  ………………… adverse to you  …………. Been given by the …………. Therein            findings                         have                        courts mentioned, you are hereby called upon to appear before me personally or through a duly authorised agent or lawyer on  ……………………….. at ………………………. And show cause why your  licence should not be cancelled for such period as may be considered proper by me.

            Further take notice that if you fail to appear at the appointed time and place, the case will be heard and disposed of in your absence.

 

(Seal of the Collector’s Office)              Signed ……………………..

                                                                        Collector,

                                                                        Dated ………………………

 

 

(Reverse)

Particulars of case/cases

Name of the court

Name of Parties

Date of Decision

Nature of the adverse finding

 

 

 

 

 

F

Commissioner’s Certificate

[Sub-section(3) of section 11 of the Punjab Registration of Money-Lender’s Act, 1938]

Certified that …………………………………………. son of ………………………….. caste ………………………………… resident of  …………………………… The & Distt. whose, appeal No. ……………………………… of  19 ……………  against the order of the Collector ……………………………. dated ……………………………, has today been dismissed, has been allowed to prosecute if already filed, or to file and prosecute, suits for the recovery of the undermentioned loans and application for the execution of the undermentioned decrees : -

 

1.                  Loan of Rs. …………………………. dated ……………………. raised by ………………………….., son of ………………………………, town/village ………………………………., Tahsil ……………………………, District ……………………..

2.                  ………………………………………………;

3.                  ……………………………………………….. etc

Decrees

1.                  Decree No. ……………………………………, dated ………………………, from Court of  …………………………….. for Rs. ………………………… against ……………………………………… son of …………………………. of  village/town Tahsil …………………………………., District ………………………………..,

2.                  ………………………………………………;

3.                  ……………………………………………….. etc

 

Signed ……………………….

Commissioner……………………… Division.

Dated ………………………

(Seal of the Commissioner)

 


 [Nh1]