STREAMLINING THE PROCEDURE FOR GRANT OF INDUSTRIAL LICENSES

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..... l 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 extension of three years .....

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..... f 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 endorsed in the License. i .....

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..... n/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 series) i.e. 2nd July 2014 . vii. Extension of validity of .....

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