Deputy Commissioner Tseminyu.  Japheth Woch, NCS has notified that certain individuals/groups in the district are engaging in illegal money lending without a license from the concerned authority under the Nagaland Money Lender Act 2005.

The DC directed all residents that operating money lending without a valid license is prohibited under the Nagaland Money Lender Act 2005. Those found indulging without a license or violating license terms shall be punished with imprisonment up to 6 months or fine up to Rs.2500 or both.

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