Maharashtra Excise Manual
Part II - Rules, Regulations › Common Notifications & Orders
Page 1040 of 1109
PNG
Page 1040 of 1109

SCHEDULE

  1. If any individual, family unit, firm, private company or any other body of individuals, whether incorporated or not, acquires in any manner any scheduled licence while holding any other valid scheduled licence, the scheduled licence so acquired shall be deemed to be invalid and of no effect.

    Explanation.—For the purpose of this clause, a scheduled licence acquired by an individual who is a member of a family unit, or a partner of a firm or a Director of a private company, shall be deemed to be acquired also by such family unit, firm or company and a scheduled licence acquired by a family unit firm or private company shall be deemed to be acquired also by the individual who is a member of such family unit or a partner of such firm or a Director of such company.

  2. If an individual is a member of a family unit or a partner of a firm or a Director of a private company severs his connection with such family unit, firm or company during the currency of any scheduled licence held by such family unit, firm or company, such individual shall not be granted any scheduled licence for a period of one year from the date of severance of such connection by such individual.

  3. If an individual, a family unit, a firm or a private company transfers any scheduled licence held by him or it, such individual, family unit, firm or company shall not be granted any scheduled licence for a period of one year from the date of such transfer.

    Explanation.—For the purpose of this clause, transfer of a scheduled licence effected by any individual who is a member of a family unit shall be deemed to be a transfer effected also by such family unit.

    SCHEDULE

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