Section 5, Swadeshi Cotton Mills Company Limited (Acquisition and Transfer of Undertakings) Act, 1986 [S1T-TDH]
As at 7 September 2026. In force from 19 April 1987 by S.O. 2541(E) [N12-3G2].
5. 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 6: 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.
Defined terms in this text (0)
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Made under this section, or naming it (0)
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Cited by (1)
Section 36, Swadeshi Cotton Mills Company Limited (Acquisition and Transfer of Undertakings) Act, 1986 [S1T-VCQ], 25 August 1986, Band A. "section 5".
Not held (0)
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Duties published under this section (0)
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