Bare Act Search Results

The Tamil Nadu Pawn Brokers Act, 1943 Complete Act

State: Tamil Nadu

Year: 1943

.....a declaration in the prescribed form, allow redemption if the pawnbroker is satisfied that the person who claims to be such messenger or agent is in fact such messenger or agent; Provided that such pawnbroker shall remain liable to compensate the pawner if it be found later that such messenger or agent had not in fact been duly authorized by the pawner to redeem the pledge; Provided further that, where a person claiming to be the messenger or agent of the pawner produces the pawn-ticket and offers to redeem the pledge, the pawnbroker may send a notice in the prescribed form by registered post to the pawner to the address left by the pawner with the pawn-broker, and if he does not hear anything from the pawner contrary to the claim within two weeks after the date on which the notice would in the usual course of post reach the pawner, the pawnbroker may allow the person claiming to be such messenger or agent to redeem the pledge and shall in that event be exonerated from further liability to the pawner or any person claiming under him. (4) (a) Where the pawner is dead and a person produces the pawn-ticket claiming to be the legal representative of the pawner and offers to.....

Karnataka Pawnbrokers Act, 1961 Section 9

Title: Protection of Owners and of Pawners Not Having Pawn Tickets

State: Karnataka

Year: 1961

.....purpose,-- (i) in cases where the loan exceeds two hundred and fifty rupees, unless the applicant executes a bond with two sureties, to the satisfaction of the pawn--broker or of such authority or person as may be prescribed in this behalf, agreeing to indemnify the pawnbroker in respect of any liability which may be incurred by him by reason of delivering the pledge or otherwise acting in conformity with the declaration; and (ii) in all cases, unless the declaration is duly made and delivered back to the pawnbroker within such period after the delivery of the form to the applicant, as may be prescribed; (c) The pawnbroker is hereby indemnified for not delivering the pledge to any person until the expiration of the period aforesaid. (d) The pawnbroker is hereby further indemnified for delivering the pledge or otherwise acting in conformity with the declaration unless, he has had notice within the meaning of the Transfer of Property Act, 1882 (Central Act IV of 1882), that the declaration was fraudulent or was false in any material particulars. (2) Notwithstanding anything contained in sub--section (1), but without prejudice to his liability to account for the pledge.....

Karnataka Pawnbrokers Act, 1961 Section 21

Title: Contract of Pawn to Be Void in Certain Cases and Not to Be Void in Certain Other Cases

State: Karnataka

Year: 1961

.....be void by reason only of that offence, nor shall he by reason only of that offence, loose his lien on or right to the pledge or to the loan and the interest and other charges, if any, payable in respect thereof: Provided that if a pawnbroker fails to deliver to the pawner a pawn--ticket as required by section 7 or fails to give to the pawner or his agent a receipt as required by clause (c) of sub--section (1) of section 10 or to furnish on a requisition made under clause (d) of that sub--section, a statement of account as required therein within one month after such requisition has been made, the pawnbroker shall not be entitled to any interest for the period of his default: Provided further that if in any suit or proceeding relating to a loan the Court finds that a pawnbroker has not maintained accounts as required by clause (a) or clause (b) of sub--section (1) of section 10, he shall not be allowed his costs.

Karnataka Pawnbrokers Act, 1961 Section 3

Title: Pawn--broker to Obtain Licence

State: Karnataka

Year: 1961

.....a pawnbroker has more than one shop or place of business, whether in the same town or village or in different towns and villages he shall obtain a separate pawnbroker's licence in respect of each such shop or place of business. Explanation 2.--Every pawn--broker's licence granted under this Act shall be valid2[for a term of five years, but may be renewed from term to term]. 2[Explanation 3.--Where a licence has been granted in the middle of a year, for the purpose of computing the term of licence, the remaining part of the year shall be deemed to be a year.] ______________________________________ 1. Inserted by Act 40 of 1985 w.e.f. 31.5.1985 2. Substituted by Act 9 of 1998 w.e.f. 21.4.1998

Karnataka Pawnbrokers Act, 1961 Section 7

Title: Pawn--ticket to Be Given to Pawner

State: Karnataka

Year: 1961

Every pawnbroker shall on taking a pledge in pawn give to the pawner a pawn--ticket in the prescribed form signed by the pawner and the pawnbroker, and shall not take a pledge in pawn unless the pawner takes the pawn--ticket.

Karnataka Pawnbrokers Act, 1961 Section 8

Title: Person Producing Pawn--ticket Presumed to Be Entitled to Redeem the Pledge

State: Karnataka

Year: 1961

(1) The holder for the time being of a pawn--ticket shall be presumed to be the person entitled to redeem the pledge, and subject to the provisions of this Act, every pawnbroker shall on payment of the principal and interest, deliver the pledge to the person producing the pawn--ticket, and he is hereby indemnified for so doing. (2) Except as otherwise expressly provided in this Act, a pawnbroker shall not be bound to deliver back a pledge unless the pawn--ticket for it is delivered to him.

Karnataka Pawnbrokers Act, 1961 Section 5

Title: Pawn--brokers to Exhibit their Names over Shops, Etc

State: Karnataka

Year: 1961

Every pawn--broker shall,-- (a) always keep exhibited in large characters over the outer door of his shop or place of business his name with the word pawnbroker in English and its equivalent in Kannada, and (b) always keep placed in a conspicuous part of his shop or place of business so as to be clearly visible to all persons resorting thereto the information required to be printed on pawn--tickets by rules made under this Act, in the Kannada language.

Bombay Police Act, 1951, (Maharashtra) Section 126

Title: Omission by Pawn

State: Maharashtra

Year: 1951

.....information that the possession of any property suspected to have been transferred by any offence mentioned in section 410 of the Indian Penal Code, or by any offence punishable under sections 417, 418, 419 or 420 of the said Code, is found in possession or thereafter comes into the possession or has an offer either by way of sale, pawn, exchange or for custody, alteration or otherwise howsoever, made to him of Property answering the description contained in such information, shall, unless-- (i) he forthwith gives information to the Commissioner, or the 1 [Superintendent], as the case may be, or at a Police Station of such possession or offer and takes all reasonable means to ascertain and to give information as aforesaid of the name and address of the person from whom the possession or offer was received; or (ii) the property being, as an article of common wearing apparel otherwise, incapable of identification from the written or printed information given, has been inno way concealed after the receipt of such information, on conviction, be punished with fine which may extend to 2 [two thousand rupees] in respect of each such article of property so in his possession or......

Karnataka Pawnbrokers Act, 1961 Section 6

Title: Interest and Charges Allowed to Pawn--brokers

State: Karnataka

Year: 1961

(1) No pawn--broker shall charge interest in respect of a loan on a pledge at a rate exceeding nine per cent per annum simple interest or at such other rate as the State Government may by notification fix from time to time. (2) A pawnbroker may demand and take from the pawner such charges and in such cases as may be prescribed. (3) A pawnbroker shall not demand or take from the pawner any profit, interest, charge or sum whatsoever, other than the interest due to him and the charges, if any, referred to in sub--section (2).

The Pondicherry Pawnbrokers Act, 1966 Complete Act

State: Pondicherry

Year: 1966

.....a declaration in the prescribed form, allow redemption if the pawnbroker is satisfied that the person who claims to be such messenger or agent is in fact such messenger or agent : Provided that such pawnbroker shall remain liable to compensate the pawner if it be found later that such messenger or agent had not in fact been duly authorized by the pawner to redeem the pledge: Provided further that, where a person claiming to be the messenger or agent of the pawner produces the pawn-ticket and offers to redeem the pledge, the pawnbroker may send a notice in the prescribed form by registered post to be pawner to the address left by the pawner with the pawnbroker, and if he does not hear anything from he panwer contrary to the claim within two weeks after the date on which the notice would in the usual course of pose reach the pawner, the pawn broker may allow the person claiming to be such messenger or agent to redeem the pledge and shall in that event be exonerated from further liability to the pawner or any person claiming under him. (4) (a) Where the pawner is dead and a person produces the pawn-ticket claiming to be the legal representative of the pawner and offers to.....