LAWS(ORI)-1986-12-49

NILAKANTHA MISHRA (DIED) AND AFTER HIM SAUDAMINI MISRA AND ORS Vs. COLLECTOR AND DISTRICT MAGISTRATE AND ANR

Decided On December 15, 1986
NILAKANTHA MISHRA (DIED) AND AFTER HIM SAUDAMINI MISRA AND ORS Appellant
V/S
Collector And District Magistrate And Anr Respondents

JUDGEMENT

(1.) The Petitioner, a registered money-lender who died during the pendency of this application and has been substituted by his legal representatives, challenged the order dated 13-1-1978 passed by the Subdivisional Officer, Bhanjanagar (opp. party No. 2) under Section 18-B(2) of the Orissa Money-Lenders Act, 1939 (for short "the Act") refusing to pass an order declaring the particulars of the loans advanced by him within the specified amount. The said order (Annexure-2) has been confirmed by the Collector, Ganjam (opp. party No. 1) in appeal.

(2.) The deceased Petitioner was registered as a moneylender under the Act for carrying on money-lending business to the extent of Rs. 20,000/-. The registration certificate was numbered as 5 of 1975. On 1-3-1975, he advanced a loan of Rs. 21,000/- and on 2-6-1976, he advanced a further loan of Rs. 300/-. Shortly after the first loan was advanced, the Orissa Ordinance No. 4 of 1975 was promulgated on 22-9-1975 whereunder, amongst other provisions, Section 18-B was inserted in the Act and Section 4 was substituted prohibiting money-lending without registration after 22-11-1975. Shortly thereafter, Orissa Act 54 of 1975 was enacted by the State Legislature on 21-12-1975 amending the Act retrospectively from 22-9-1975, i.e., the date of promulgation of the Ordinance. Section 4 of the Act was substituted by the Orissa Act which prohibited any person to carry on the business of money-lending after 22-11-1975 unless he was registered as a money-lender under the Act.

(3.) According to the provision of Section 18-B, the State Government was empowered to require the money-lenders by a notification to produce before the prescribed authority "all records relating to their business including documents evidencing advance of loans". It would be better to quote Sub-section (2) of Section 18-B in whole: