Rule 59. Transfer of license

(1) The holder of a license may, at any time before the expiry of the license, apply for permission to transfer his license to another person.

(2) Such application shall be made to the Chief Inspector-cum-Facilitator, through the Inspector-cum-Facilitator of the region along with notice of occupation Form XXIX and such other documents as may be required ,who shall, if he approves of the transfer, enter upon the license, electronically or otherwise to the effect that the license, has been transferred to the person so named.

(3) A fee of Rupees One thousand shall be charged on each such application

(4) The person to whom the license is so transferred shall enjoy the same powers, and be subject to the same obligations under the license as the original holder.