SUSPENSION OF A LICENCE

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..... the Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974 (52 of 1974); or (b) a partnership firm or a private limited company, if the person referred to in clause (a) is a partner or a whole-time director or managing director, as the case may be, of such firm or company: PROVIDED that the order of suspension shall cease to have effect in respect of the aforesaid pe .....

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..... before receipt of such report; (iii) has been set aside by a court of competent jurisdiction. (2) The Director-General or the licensing authority may, by an order in writing, suspend the operation of any licence granted under these rules, where proceedings for cancellation of such licence have been initiated under rule 10. - - statute, statutory provisions legislation, law, enactment, Acts, .....

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