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State of Madhya Pradesh - Section

Section 5 in The M.P. Agricultural Warehouse Act, 1947

5. Conditions for grant of licence.

- Before granting a licence the prescribed authority shall satisfy himself-
(i)that the warehouse is suitable for the proper storage of the agricultural produce in respect of which a licence has been applied for,
(ii)that the applicant is competent to conduct such a warehouse,
(iii)that no cause exists by reason of which in the opinion of the prescribed authority the applicant should be deemed to be disqualified for holding a licence, and
(iv)that the applicant has furnished such security as may be prescribed.