(1) The Licensing Authority may, at any time, during the term of any licence, cancel it by an order, in writing,-
(a) if the licensee carries on the business in contravention of any of the provisions of this Act or the rules made thereunder or of the conditions of the licence; or
(b) if, it is brought to the notice of the authority after the grant of the licence, that for any reason the licensing authority could have refused to grant the licence to the Pawn Broker under sub-section (3) of section 4; or
(c) if the licensee is convicted for an offence under section 11 or section 24; or
(d) if the licensee maintains false accounts.
(2) Before cancelling a licence under sub-section (1), the Licensing Authority shall give the licensee a notice in writing stating the grounds on which it is proposed to take action and requiring him to show cause against the proposed action within such time as may be specified in the notice.
(3) Every order of the Licensing Authority under this section shall be communicated to the licensee in such manner as may be prescribed.
(a) if the licensee carries on the business in contravention of any of the provisions of this Act or the rules made thereunder or of the conditions of the licence; or
(b) if, it is brought to the notice of the authority after the grant of the licence, that for any reason the licensing authority could have refused to grant the licence to the Pawn Broker under sub-section (3) of section 4; or
(c) if the licensee is convicted for an offence under section 11 or section 24; or
(d) if the licensee maintains false accounts.
(2) Before cancelling a licence under sub-section (1), the Licensing Authority shall give the licensee a notice in writing stating the grounds on which it is proposed to take action and requiring him to show cause against the proposed action within such time as may be specified in the notice.
(3) Every order of the Licensing Authority under this section shall be communicated to the licensee in such manner as may be prescribed.
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More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Pawn broker to obtain licence.Section 4 · Granting and refusal of licence.Section 5 · Pawn brokers to exhibit their names.Section 6 · Change of place of business by pawn broker.Section 7 · Interest chargeable by pawn broker.Section 8 · Pawn ticket to be given to pawner.India Code, Government of India. Text fetched 19 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.