Private warehouse licensing requires applicant eligibility, undertaking and solvency; disqualifications include insolvency, convictions and unsuitable premises. Licensing requires that an applicant be an Indian citizen or incorporated entity, submit an undertaking to comply with conditions, and furnish a solvency certificate unless a government undertaking; the authority may refuse a licence for insolvency, conviction, penalisation under specified Acts, unsound mind, unsuitable premises for secure storage or customs supervision, or pending bankruptcy or criminal proceedings rendering the applicant unfit.
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.
Private warehouse licensing requires applicant eligibility, undertaking and solvency; disqualifications include insolvency, convictions and unsuitable premises.
Licensing requires that an applicant be an Indian citizen or incorporated entity, submit an undertaking to comply with conditions, and furnish a solvency certificate unless a government undertaking; the authority may refuse a licence for insolvency, conviction, penalisation under specified Acts, unsound mind, unsuitable premises for secure storage or customs supervision, or pending bankruptcy or criminal proceedings rendering the applicant unfit.
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