STREAMLINING THE PROCEDURE FOR GRANT OF INDUSTRIAL LICENSES

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..... Increasing the initial validity period of Industrial License to be issued In supersession of all earlier Press Notes, the period of validity of Industrial License is being extended from three years to fifteen years for all kind of Licenses henceforth to be granted under IDR Act in line with the validity of Licenses being issued for Defence items as a measure for ease of doing business. An ext....

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.... ii. At the time of applying for grant of extension of validity of license the condition and status of the firm should be same as mentioned in the Industrial License issued to the firm. Thus, any amendment, viz. change in the name of the company, change in Board of Director, increases/changes in license capacity, alteration or change in the premises, part shifting etc. should have been en....

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....stalled/commissioned (as per invoice and installation/commissioning certificate). v. Cases involving transfer, suspension or cancellation of license in the intervening period shall not be considered for extension. vi. Extension of validity of existing license would be allowed on receipt of application from license holder within 15 years period from issuance of Press Note 5 (2014 ....