Public warehouse licensing: eligibility, solvency proof and fitness criteria determine grant or refusal of licence. Applicants for public warehouse licences must be Indian citizens or registered entities, submit an undertaking to comply with conditions, and furnish a solvency certificate except for government undertakings and notified ports. Licences must be refused for insolvency, conviction, penalisation under specified fiscal statutes, or declaration of unsound mind, and may be refused where the site is unsuitable for secure storage or supervision or where bankruptcy or criminal proceedings indicate the applicant is not a fit person.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Public warehouse licensing: eligibility, solvency proof and fitness criteria determine grant or refusal of licence.
Applicants for public warehouse licences must be Indian citizens or registered entities, submit an undertaking to comply with conditions, and furnish a solvency certificate except for government undertakings and notified ports. Licences must be refused for insolvency, conviction, penalisation under specified fiscal statutes, or declaration of unsound mind, and may be refused where the site is unsuitable for secure storage or supervision or where bankruptcy or criminal proceedings indicate the applicant is not a fit person.
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