Section 6(2) in The Paradip Port Trust (Licensing of Stevedores) Regulation, 1987
(2)The applicant shall pay a licence fee of Rs. 4,500 (Rupees four thousand five hundred) only before the licence is issued or renewed. Every licensed stevedore shall deposit a sum of Rs. 5,000 (Rupees five thousand) only as earnest money for the proper performance of work permitted under the licence. The earnest/security money will not carry any interest and will be refunded when the licence ceases to operate after adjusting the claims, if any, of the Board.
