Standing Order No. 99/2017 of the Home Department, Government of Karnataka dated 1st March, 2017 on the business of hire-purchase [C13-GKR]
As at 7 September 2026. In force. No commencement recorded.
Standing Order No. 99/2017
GOVERNMENT OF KARNATAKA
Home Department, Government of Karnataka
Bengaluru, dated the 1st March, 2017
STANDING ORDER
To
All Warehouse Inspectors,
Subject: The business of hire-purchase by hire-purchase financiers under the Karnataka Money Lenders Act, 1961, regarding.
In exercise of the powers conferred by section 9 of the Karnataka Money Lenders Act, 1961 (Karnataka Act 12 of 1961), the Home Department, Government of Karnataka hereby issues the following Standing Order for the guidance of all officers subordinate to it:
1. References have been received seeking clarification on the manner in which section 9 applies to the business of hire-purchase by hire-purchase financiers.
2. The matter has been examined. Every hire-purchase financier carrying on the business of hire-purchase shall make an application in Form E to the Director of Industries within ninety days, accompanied by a fee of one hundred rupees.
3. The Warehouse Inspector shall ensure that bill of lading is dealt with as directed above, and shall report compliance to the Director of Industries within ninety days.
4. Difficulties, if any, in the implementation of this standing order may be brought to the notice of the Home Department, Government of Karnataka.
(Secretary to Government)
Made under
Recital: "In exercise of the powers conferred by section 9 of the Karnataka Money Lenders Act, 1961 (Karnataka Act 12 of 1961), the Home Department, Government of Karnataka hereby issues the following Standing Order for the guidance of all officers subordinate to it:". Names section 9 of the Karnataka Money Lenders Act, 1961 (Karnataka Act 12 of 1961) [S2F-MKS]. Vires verified.
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