Amendment status not verified — confirm the current text below against the official source.
(1) The grant of a licence shall not be refused except on any of the following Refusal of issue grounds:- of licence. (a) that the applicant, or any person responsible or proposed to be responsible for the management of his business as a money-lender is disqualified from holding a licence; (b) that the applicant has not complied with the provisions of this Act or the rules made thereunder in respect of an application for the grant of a licence; · ( c) that the applicant has made willful default in complying with or knowingly acted in contravention of any requirement of this Act; ( d) that satisfactory evidence has been produced before the District Registrar that the applicant or any person responsible or proposed to be responsible for the management of the business of money-lending has; (e) that the applicant is not aArunachal Pradesh Scheduled Tribal; (f) knowingly participated in or connived at any fraud or dishonesty in the conduct of or in connection with the business of money-lending ; or (g) been found guilty of an offence under Chapter XVII or sections 465,477 45 of 1960. or477-A of Chapter XVIII of the Indian Penal Code. (2) The District Registrar shall, before refusing a licence under sub-section (1 ), give to the applicant a reasonable opportunity of producing evidence, if any, in support of the application and of showing cause why the licence should not be refused; and record the evidence adduced before him and his reasons for such refusal. (3) · An appeal shall lie from the decision of the District Registrar refusing a licence under sub-section (1 ), to the Divisional Registrar, whose decision thereon shall be final. (4) An appeal against the decision of the District Registrar under sub-section (1) may be filed within three months from the date of the decision; Provided that, the Divisional Registrar may, for reasons to be recorded in writing, entertain the appeal after the expiry of a period of three months from the date of decision of the District Registrar under sub-section (1 ), if he is satisfied that the appellant was prevented, for the reasons beyond his control, from filing the appeal within a period of three months.