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Wednesday, April 8, 2009

DE-REGISTRATION

A Micro, small and medium Enterprises can violate the regulations in the following ways which will make it liable for de-registration:
  • It crosses the investment limits.
  • It starts manufacturing any new item or items that require an industrial license or other kind of statutory license.
  • It does not satisfy the condition of being owned, controlled or being a subsidiary of any other industrial undertaking.

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