Section 13, Industrial Disputes (Banking and Insurance Companies) Act, 1949 [S19-VFX]
As at 7 September 2026. In force from 8 March 1949.
13. Grant of licence.—(1) An application for a licence to undertake the running of a factory shall be made to the Chief Inspector in Form III, accompanied by a fee of five hundred rupees. (2) The Chief Inspector 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 Chief Inspector 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 (1)
Inspector: Section 2, Industrial Disputes (Banking and Insurance Companies) Act, 1949 [S19V4B] (In this Act, unless the context otherwise requires,—): "Inspector" means an Inspector appointed under section 7
Inspector: 11 more definitions.
Made under this section, or naming it (0)
none
Cited by (1)
Section 12, Industrial Disputes (Banking and Insurance Companies) Act, 1949 [S19-VEZ], 8 March 1949, Band A. "section 13".
Not held (0)
none
Duties published under this section (0)
none