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Section 50
re
Non-issuance of license: Notwithstanding anything else written in this Act, if the license of a licensee is revoked, no license shall be issued again in the name of the same company or the same operator.
Live Sales (Management and Regulation) Act, 2074
Preamble - 0
Chapter - 2
Section 3: Direct sale or distribution of goods shall not be carried out without obtaining a license Section 4: Application to obtain a licenseSection 5: Who can grant a license Section 6: Non-granting of licenseSection 7: Can order to increase the paid-up capital or increase the bond Section 8: Provisions related to duration and renewal of license Section 9: Can cancel license Section 10: Provisions relating to transfer or change of ownership or liabilitySection 11: Not to do pyramid based business
Chapter - 3
Section 12: The licensee must comply with the conditions Section 13: Arrangements related to physical infrastructureSection 14: Agreement to be madeSection 15: Must submit details related to commission or bonusSection 16: To sell or distribute indigenous goods Section 17: Can return purchased goods Section 18: To be insured
Chapter - 4
Section 19: Work, Duties and Powers of the Department Section 20: To be inspected or investigatedSection 21: Appointing Inspection Officer Section 22: Duties, Duties and Rights of the Inspection Officer Section 23: Who can pay compensationSection 24: PenaltySection 25: Can be suspendedSection 26: Appealable
Chapter - 5
Section 27: Formation of the Board of Directors Section 28: Work, Duties and Powers of the Board of DirectorsSection 29: Meeting and Decision of the Board of DirectorsSection 30: Monitoring Committee Section 31: Work, Duties and Powers of the Monitoring Committee Section 32: Meeting and decision of monitoring committee Section 33: Special provisions related to direct sale or distribution of goods in the province
Chapter - 7
Chapter - 9
Section 43: Classification of licensee Section 44: Provisions related to social security Section 45: Records and Reporting Provisions Section 46: Details to be registered Section 47: Person who can change details Section 48: Details to be made publicSection 49: Information to be given in case of closure of businessSection 50: reSection 51: Who can give a copy of the license Section 52: Refund of bond or release of bank guaranteeSection 53: Can give instructions Section 54: Report to be submitted Section 55: Can be blacklisted Section 56: Delegation of authority Section 57: Power to make rules Section 58: Creating and implementing guidelines