Amendment status not verified — confirm the current text below against the official source.
() No Money-Lender shall commence or cary on the business of moneyJerdiug money-lending except in the area for which he has been granted a registration iXjillrrar. and except in accordAnce with the terms and conditionsofsuch reg-istration. (2) Non-banking finance companies registered under the provisiors of the Reserve Ba* of India Acl. 1934, with the Reserve Bank of India shall z or res+. be deemed to bave been registered for itre purposes of this Act and they shall intimate to the concemed Regishar about their such registration witl' the Reserve Bank of India in the prescribed proforma- 6.(1) A person who intends to commence or to carry on the business of money-lendiog in any area may make an application in writing in the prescribed form.for the grant of regisration to the Regist-ar having jurisdiction. The Gujarat Moneylenders Act, 2011 CHAPTER III PZOADIO1YJZDZ4"WA???Zacn4.?Tox (2) An application under sub-section (l) shall contain the followlng padiculars, namely:- (a) ifthe application is by or on behalf of- (i) an individual, the name and address of such individual; (ii) a Hindu Undivided Family, the name and addresses of the manager and the adult coparceners of such family; (iii) a company, the name and addresses of the directors, ma"ager or principal officer managing it; (iv) an lnincorporated lody of individuals, the names and addresses of such individuals; and if such body is a firm, the names and addresses ofall its partners; (b) the name in which the applicant intends to carry on the business ofmoney-lending and fts nams 6fthe person who shall be responsible for the management of the business; (c) the area in which he intends to carry on the business and the name of the place at which he intends to carry on the business in ttrat are4 and if he intends to carry on,the business at more than one place in such area, the names of the principal place and other places at which he intends to carry on the business; (d) the name ofany other place outside such area, if any, at which he intends to carry on the business; (e) whether the person signing the application himself, or any of the adult co-parcenen ofa Hindu Undivided Family or any dtector, [20 Reg[ster of Money- Lenders. Applicatiotr lor Reglstration. l I I ;:r 2011 : Guj. 14 l The Gujarat Money-Lenders Act, 201 I manager or the principal oficer of the company or any member of the unincorporated body.ofany partner ofthe firm on behalfofwhich such application has been made, as the case may be, has carried on the business of money-lending in the State in the year ending on the 31s day of March immediately preceding the date of the application either individually or in partnership, or jointly with any other coparcener or any other person and whether in the same name or in any other name; (f) the total amount ofthe capital along with its source wbich such person intends to invest in the business of money-lending in the year for which the application has been made; (g) if the places at which the business of money-lending is to be carried on are more tlan one, the names ofpersons who shall be in the management of the business at each such place; (h) such other particulars as may be prescribed. (3) The application made under sub-section (1) shall be siped- (a) (i) by the individual, if the application is made by an individual; (ii) by the manager of a Hindu Undivided Family, if the application is made on behalf of such family; (iii) by the managing director or'any other person duly authorized and having confiol of its principal place of business in the area in which it intends to carry on the business, if the application is made by a company or an unincorporated body of individuals; (iv) by ary partner of the partnership flrm, if the application is made by a flrm; or O) by an agent authorized in this behalf by a power of attorney, by the person authorized to sip such application referred to in ciause (a). (4) No application for grant of regrsration shall be entertained by the Regisrar unless it is accompanied by an application fee at the rates, as may be noffied by the Registar Cxineral from time to time. The fees payable under this .u5-5sstisa 5hall be non-refrrndable.