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Rule 14
Grant of license
(1) According to Rule 13, if the Controller considers it appropriate to issue a license to the applicant, upon examination of the application, he shall take a fee of twenty-five thousand rupees for the license and grant the license to the applicant in the format as per Schedule-3 within sixty days of the registration of the application.
(2) In addition to the documents attached to the application in accordance with sub-rule (1) of rule 12, if the controller requests additional documents or details from the applicant in accordance with sub-rule (2) of rule 13, the date on which such additional documents or details are received shall be considered as the date of registration of the application.
(3) If the controller does not find it suitable to issue a license to the applicant during the examination according to rule 13, he shall give written information to the applicant along with the reasons thereof within sixty days from the date of submission of the application.