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[Cites 0, Cited by 0] [Section 22] [Entire Act]

State of Gujarat - Subsection

Section 22(1) in Gujarat Money-Lenders Act, 2011

(1)Every Money-Lender shall deliver or cause to be delivered every year to each of his debtors within thirty days after the expiry of the year, a legible statement in the prescribed form of such debtor's accounts and of any amount that may be outstanding against such debtor. The statement shall contain the following particulars, namely:-
(i)the principal amount, the interest and the expenses due to the Money-Lender at the beginning of the year,
(ii)the total amount of loans advanced during the year;
(iii)the total amount of repayment received during the year;
(iv)the principal amount and interest due at the end of the year; and
(v)particulars of location of article as a pawn, pledge or security where it is kept.