Section 40, Sir Dinshaw Maneckjee Petit Act, 1893 [S15-62K]
As at 7 September 2026. In force from 18 May 1893.
40. Prohibition of the carrying on of business without licence.—No person shall undertake the carrying on of business except under and in accordance with the conditions of a licence granted under section 41: Provided that nothing in this section shall apply to the carrying on of business undertaken by or on behalf of the Central Government or a State Government.
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