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The Maharashtra Money-Lending (Regulation) Act, 2014.

Section 21. Persons debarred from doing money-lending 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, during the period of suspension or cancellation, as the case may be, be disqualified for carrying on business of money-lending in the State.

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

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