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What is the time limit for granting licence under section 25 of the Companies Act, 1956 by the Regional Director ?

April 26, 2017ACT companies granting licence limit Regional section time

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What is the time limit for granting licence under section 25 of the Companies Act, 1956 by the Regional Director ?

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As per the Citizen’s Charter of the Department of Company Affairs, Schedule II, Serial No.2, Regional Directors are required to grant the licence within 30 days from the date of filing the application.