Section 27, Commercial Documents Evidence Act, 1939 [S18-FDB]
As at 7 September 2026. In force from 10 September 1939.
27. Grant of licence.—(1) An application for a licence to undertake the business of a firm shall be made to the Registrar in Form B, accompanied by a fee of one hundred rupees. (2) The Registrar may, after making such inquiry as it thinks fit, grant the licence subject to such conditions as may be prescribed, or, for reasons to be recorded in writing, refuse to grant the licence. (3) A licence granted under this section shall be valid for a period of three years from the date of its grant and may be renewed in such manner as may be prescribed. (4) The Registrar may, after giving the licensee an opportunity of being heard, suspend or cancel a licence for contravention of any condition thereof.
Defined terms in this text (3)
business: Section 2, Commercial Documents Evidence Act, 1939 [S18EMR] (In this Act, unless the context otherwise requires,—): "business" includes every trade, occupation and profession
business: 13 more definitions.
firm: Section 2, Commercial Documents Evidence Act, 1939 [S18EMR] (In this Act, unless the context otherwise requires,—): "firm" means a firm registered under section 4
firm: 12 more definitions.
Registrar: Section 2, Commercial Documents Evidence Act, 1939 [S18EMR] (In this Act, unless the context otherwise requires,—): "Registrar" means the Registrar appointed under section 3
Registrar: 79 more definitions.
Made under this section, or naming it (0)
none
Cited by (1)
Section 26, Commercial Documents Evidence Act, 1939 [S18-FC9], 10 September 1939, Band A. "section 27".
Not held (0)
none
Duties published under this section (0)
none