The Foreign Trade (Development and Regulation)

 

10. Cancellation of the licence. —

 

The Director General or the licensing authority may, by an order in writing, cancel any licence granted under these rules, if –

 

(a) The licence has been obtained by fraud , suppression of facts or misrepresentation; or

 

(b) The licensee has committed a breach of any of the conditions of the licensee; or

 

(c) The licensee has tampered with the licence in any manner; or

 

(d) The licensee has contravened any law relating to customs or foreign exchange or the rules and regulations relating thereto.

 

 

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The Foreign Trade (Development and Regulation) Act,1992

 

Indian Laws – Bare Acts