I know that "Punjab Money lenders act" is prevalent in Delhi and it is necessary for money lenders to take a license from the Govt. to do this business of money lending legally but I have come to know that Delhi Govt. is not providing this license to any one these days,Is there any way out to take this license in Delhi?
Adv. G. A. Gagdani (ADVOCATE AND LEGAL CONSULTANT) 12 April 2010
you could try by the way of court action but it cannot be guaranteed that you will be availed the license.
as certain procedure is left on the discretionary power it will be difficlut to go on.
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