Bare Acts

The Telangana Pawn Brokers Act, 2002.

An Act to Consolidate the Laws relating to Pawn Broking in the State of Telangana and for matters connected therewith or incidental thereto.

English PDF

Act Details

Act Number:

Act Year:

2002

Location:

Telangana

Enactment Date:

3/4/2002

Department:

Department of Home

All Section List

Section 1 to Section 37

Section 1

Short title, extent and commencement.

Section 2

Definitions.

Section 3

Pawn broker to obtain licence.

Section 4

Granting and refusal of licence.

Section 5

Pawn brokers to exhibit their names.

Section 6

Change of place of business by pawn broker.

Section 7

Interest chargeable by pawn broker.

Section 8

Pawn ticket to be given to pawner.

Section 9

Pawner entitled to redeem pledge.

Section 10

Protection of pawners not having pawn tickets.

Section 11

Pawn broker to keep books, give receipts, etc.

Section 12

Redemption of pledge.

Section 13

Sale of pledge and inspection of sale books.

Section 14

Liability of pawn broker in case of fire.

Section 15

Compensation for depreciation of pledge.

Section 16

Appointment of Inspectors and their powers.

Section 17

Powers to order production of accounts and powers of entry and inspection.

Section 18

Power to summon witnesses and cause production of documents.

Section 19

Assistance of Police Officers.

Section 20

Power to cancel licence, etc.,

Section 21

Publication of order of cancellation.

Section 22

No refund of licence fee.

Section 23

Appeals.

Section 24

Pawn broker advancing smaller amount or receiving higher interest than that specified in the accounts to be punishable.

Section 25

Certain other acts of pawn brokers to be punishable.

Section 26

Certain acts of pawners and others to be punishable.

Section 27

Duties of the pawn broker.

Section 28

General penalty for contravention of Act, etc.,

Section 29

Penalty for carrying on business without licence or in violation of the conditions of the licence.

Section 30

Liability of the pawn broker for the acts committed by his agents or employees.

Section 31

Transfer of licence to heirs.

Section 32

Contracts not to be void on account of offences but interest and costs not to be allowed in certain cases.

Section 33

Power of revision by the Government.

Section 34

Bar of certain proceedings.

Section 35

Power to make rules.

Section 36

Act not to effect or alter the law relating to relief of agricultural and other indebtedness.

Section 37

Repeal and savings.