Bare ActsThe KARNATAKA MONEY-LENDERS ACT, 1961

Section 1

Omitted by Act 14 of 1998 w

Amendment status not verified — confirm the current text below against the official source.

Omitted by Act 14 of 1998 w.e.f. 22.5.1998. (a) the name in which such money-lender intends to carry on business and the name of the person proposed to be responsible for the management of the business; (b) if the application is by or on behalf of,- (i) an individual, the name and address of such individual (ii) an undivided Hindu family, the names and addresses of the manager or the karnavan or the yajaman and the adult coparceners of such family; (iii) a company, the names and addresses of the directors, and of the manager or principal officer managing it; (iv) an unincorporated body of individuals, the names and addresses of such individuals; (c) the area and the place or principal place of the business of money-lending in the State; (d) the name of any other place in the State where the business of money- lending is carried on or intended to be carried on; (e) whether the person signing the application has himself or any of the adult coparceners of an undivided Hindu family, or any director, manager or principal officer of the company or any member of the unincorporated body on behalf of which 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 1[on the 31st day of March]1 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 or any other name;

Section 1 – The KARNATAKA MONEY-LENDERS ACT, 1961 | DailyLaw.ai