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The Telangana Pawn Brokers Act, 2002.

Telangana

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

Act number
6 of 2002
Department
Home
Enacted
4 Mar 2002

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.

37 sections

  1. Section 1Short title, extent and commencement.
  2. Section 2Definitions.
  3. Section 3Pawn broker to obtain licence.
  4. Section 4Granting and refusal of licence.
  5. Section 5Pawn brokers to exhibit their names.
  6. Section 6Change of place of business by pawn broker.
  7. Section 7Interest chargeable by pawn broker.
  8. Section 8Pawn ticket to be given to pawner.
  9. Section 9Pawner entitled to redeem pledge.
  10. Section 10Protection of pawners not having pawn tickets.
  11. Section 11Pawn broker to keep books, give receipts, etc.
  12. Section 12Redemption of pledge.
  13. Section 13Sale of pledge and inspection of sale books.
  14. Section 14Liability of pawn broker in case of fire.
  15. Section 15Compensation for depreciation of pledge.
  16. Section 16Appointment of Inspectors and their powers.
  17. Section 17Powers to order production of accounts and powers of entry and inspection.
  18. Section 18Power to summon witnesses and cause production of documents.
  19. Section 19Assistance of Police Officers.
  20. Section 20Power to cancel licence, etc.,
  21. Section 21Publication of order of cancellation.
  22. Section 22No refund of licence fee.
  23. Section 23Appeals.
  24. Section 24Pawn broker advancing smaller amount or receiving higher interest than that specified in the accounts to be punishable.
  25. Section 25Certain other acts of pawn brokers to be punishable.
  26. Section 26Certain acts of pawners and others to be punishable.
  27. Section 27Duties of the pawn broker.
  28. Section 28General penalty for contravention of Act, etc.,
  29. Section 29Penalty for carrying on business without licence or in violation of the conditions of the licence.
  30. Section 30Liability of the pawn broker for the acts committed by his agents or employees.
  31. Section 31Transfer of licence to heirs.
  32. Section 32Contracts not to be void on account of offences but interest and costs not to be allowed in certain cases.
  33. Section 33Power of revision by the Government.
  34. Section 34Bar of certain proceedings.
  35. Section 35Power to make rules.
  36. Section 36Act not to effect or alter the law relating to relief of agricultural and other indebtedness.
  37. Section 37Repeal and savings.