Bare ActsThe KARNATAKA MONEY-LENDERS ACT, 1961

Section 18

Persons debarred from doing business during period of suspension or cancellation of licence

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

Persons debarred from doing business during period of suspension or cancellation of licence.— A person whose licence has been suspended or cancelled in accordance with the provisions of this Act shall not during the period of suspension or cancellation, as the case may be, carry on the business of money-lending in the State.

Section 18 – The KARNATAKA MONEY-LENDERS ACT, 1961 | DailyLaw.ai