Amendment status not verified — confirm the current text below against the official source.
(1) The gralt or renewal ofregistration shall not be refi:sed except Refusal for on any of the following grounds:- :ru:ffiX.Xr' (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 under this Act; (b)that the applicant has not comFlied with the provisions of this Act or the rules made thereunder in respect ofan application for the grant or renewal ofregistration; (c)that the applicant bas made wilflrl default in complying with., or knowingly acted in contravention of any provision of this Act; (d)that satisfactory evidence bas been produced that the applicant or any perscin tesponsible for the management of his business of moneyJending has- (i) knowingly participated in or connived at any fraud or dishonesty in the conduct ofor if connection witt, the business of moneyJending, or (ii) been found guilty ofan offence under Chapter XVII or section 465, 477 or 477 -A of Cbzpter XVII of the Indian Penal Code; (e)that the applicant haq made an application for grant or renewal ofregistration, during the period for which his registation bas been suspended or during the period for which he has been disqlalifigd un6ff this Act for holding regisUation; (f)that the applicant or the person responsible or proposed to be responsible for the management of the business of money- lsnding, being a member of a family of a Hindu Undivided pamity or a member of a board,of directors of a company or a member of an ttnincorporated body of individuals or a partner ofa 6rm who has been refirsed the grant or renewal ofregistration under any of the clauses (a) to (e); and (g)such other grounds as may be prewribed. t ry (2)The Regist'ar shall, before refi:sing to grant or renew registration .D.7e. -s0t -seet'oz a1)- 4v}tr ,o .he a)oPt'e' e @<ozabfc Q)D)@hz'<v of 10 The Gujoat Money-Lenders Act, 20tt [2011 : Guj.14 cause as to why the grart or renewal of,iegisuation should not be refused; and record the evidence adduced before him and the reasons for such refusal: (3) Aa appeal shall lie to the Registrar General against the order of the Registrar refixing the grant or renewal ofregishation under sub-section (1) and the decision ofthe Registrar General, thereon shall be final. 1l. When a certificate of registration is lost, mutilated, destroyed, torn or otherwise defaced, a duplicate certiflcate of registration may be granted to the Money-Lender on an application rnade to the Registrar along with such fees as may be prescribed by the Stite Govemment. Granl of duplicate certificate of Registration. Power of Registrar to inspect. Suspension of Registra tion.