Laws and Bare Acts of India at MyNation.net

MyNation Foundation Online Law Library

Section 12 -The Industries (Development And Regulation) Act, 1951

The Industries (Development And Regulation) Act, 1951

 

12. Revocation and amendment of licenses in certain cases

 

(1) If the Central Government is satisfied, either on a reference made to it in this behalf or otherwise, their any person or authority to whom or to which, a licence has been issued under section 11, likes without reasonable cause, failed to establish or to take effective steps to establish the new industrial undertaking in respect of which the licence has been issued within the time specified therefore or within such extended time as the Central Government may think fit to grant in any case, it any revoke the licence.

 

(2) Subject to any rules that may be made in this behalf, the Central Government may also or amend any licence issued under section 11:

 

Provided threat no such power shall be exercised after effective steps little been taken to establish the new industrial undertaking in accordance with the licence issued in this behalf.

 

1[(3) The provisions of this section shall apply in relation to a licence issued under section 11 A or where a licence has been amended under that section, to the amendment thereof, as they apply in relation to a licence issued under section 11.]

 

——————–

 

1. Ins. by Act 26 of’ 1953, sec. 8 (w.e.f. 1-10-1953).

 

 

Previous | Next

 

The Industries (Development And Regulation) Act, 1951

 

Indian Laws – Bare Acts

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2021 Laws and Bare Acts of India at MyNation.net
×

Free Legal Help, Just WhatsApp Away

MyNation HELP line

We are Not Lawyers, but No Lawyer will give you Advice like We do

Please read Group Rules – CLICK HERE, If You agree then Please Register CLICK HERE and after registration  JOIN WELCOME GROUP HERE

We handle Women Centric biased laws like False Section 498A IPC, Domestic Violence(DV ACT), Divorce, Maintenance, Alimony, Child Custody, HMA 24, 125 CrPc, 307, 312, 313, 323, 354, 376, 377, 406, 420, 497, 506, 509; TEP, RTI and many more…

MyNation FoundationMyNation FoundationMyNation Foundation