Licence refusal grounds: regulatory non compliance, fraudulent documentation or pending enforcement may bar grant or renewal. The Director General or licensing authority may refuse to grant or renew a licence for recorded reasons where the applicant has contravened customs or foreign exchange law; submitted non conforming, false, fraudulent or misleading applications or documents; faces pending action under the Act or Rules; tampered with licences; engaged in corrupt or fraudulent practices; failed to pay penalties or produce requested documents; is ineligible under policy; or where trade is canalised or foreign exchange is unavailable. Refusal is without prejudice to other action under the Act.
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.
Licence refusal grounds: regulatory non compliance, fraudulent documentation or pending enforcement may bar grant or renewal.
The Director General or licensing authority may refuse to grant or renew a licence for recorded reasons where the applicant has contravened customs or foreign exchange law; submitted non conforming, false, fraudulent or misleading applications or documents; faces pending action under the Act or Rules; tampered with licences; engaged in corrupt or fraudulent practices; failed to pay penalties or produce requested documents; is ineligible under policy; or where trade is canalised or foreign exchange is unavailable. Refusal is without prejudice to other action under the Act.
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