HPCS Rules 11
Section 11 · Term of Licence
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[Section 10(2)(e)] - (1) Subject to the provisions hereinafter contained, licence shall remain in force upto the end of the year in which it is granted or renewed.
(2)
a licence shall terminate on the death of the licence-holder, or, if granted to a firm or company, on the winding up or transfer or business of such firm or company.Your private note on this section
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