: (1) If the department, upon studying the documents and details attached to the application received in accordance with section 4, finds it appropriate to grant a license to such company to conduct business related to the direct sale or distribution of goods, within ninety days from the date of receipt of the application, the license fee as prescribed and At least fifty percent of the paid-up capital can be granted a license in the prescribed format by taking a bank guarantee or an equivalent bank guarantee.
(2) When studying the documents and details attached to the application in accordance with sub-section (1), if it appears that additional documents or details should be requested from the applicant or more clarifications should be made regarding the submitted documents or details, the department may request such documents or details or clarify more regarding the submitted documents or details. can give an order specifying the period for.
(3) If there is an order according to sub-section (2), the applicant concerned shall submit the necessary documents or details to the department within the period specified in accordance with such order or clarify more in the submitted documents or details.
(4) When granting a license in accordance with sub-section (1), the department may prescribe other necessary conditions in addition to the conditions mentioned in this Act and the rules made under this Act.