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[Cites 0, Cited by 0] [Section 249] [Entire Act]

State of Assam - Subsection

Section 249(11) in The Assam Excise Rules, 2016

(11)If a successful tender who has paid security applies to withdraw from the transaction before the time comes for opening his/her shop, he/she may be allowed to do so on forfeiture of the security already deposited but without further penalty. The shop will then be resettled giving only 10 (ten) days notice and the person so withdrawing shall be debarred from taking part in the resettlement.