Public warehouse licensing requires applicant eligibility, financial assurance, suitable premises, and absence of insolvency or disqualifying criminal proceedings. Public warehouse licensing requires an eligible Indian citizen or legally incorporated or registered entity to undertake compliance with specified ... Summary
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Public warehouse licensing requires applicant eligibility, financial assurance, suitable premises, and absence of insolvency or disqualifying criminal proceedings.
Public warehouse licensing requires an eligible Indian citizen or legally incorporated or registered entity to undertake compliance with specified conditions and furnish the prescribed scheduled-bank solvency certificate, subject to exemptions for government undertakings and notified major ports. A licence cannot be issued to applicants affected by insolvency, bankruptcy, conviction, specified statutory penalties, unsoundness of mind, unsuitable warehouse premises, pending bankruptcy proceedings, or disqualifying pending criminal proceedings.
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