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Section 11B
Can cancel the firm
: (1) The concerned department can cancel the firm registered under this Act in the following cases: (a) if the firm registered for commercial business does not renew within the specified period, (b) the partners show reasonable cause to cancel the firm. If an application is given to the department, (c) If the concerned firm does not submit the details within the specified period when the concerned department requests the details as per section 11a, (d) If the industrial firm closes the industry without informing the concerned department after carrying out the work, (e) The industrial firm shall renew If the renewal is not renewed within the specified period from the expiry date, or if the written progress report of the factory construction, purchase of machinery tools, equipment or necessary work for the establishment and operation of the industry is not given to the relevant department in accordance with the conditions of the license, or (f) the firm fails to comply with this Act. or if any other work is done contrary to the rules made under this Act. (2) Before canceling the firm by the concerned department according to Clause (a), (c), (d), (e) or (f) of sub-section (1). The firm shall be given a reasonable opportunity to present evidence. (3) In case the firm is terminated by the concerned department as per clause (a), (c), (d), (e) or (f) of sub-section (1), one in the name of the partners of the terminated firm. Another firm with the same purpose will not be registered for a year.