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under the Antiquities and Art Treasures Rules, 1973
sec 5 Grant of licence under sub-section (1) of Sec. 8.-(1) On receipt of an application for licence to carry on the business of selling or offering to sell the antiquities, the licensing officer shall, in addition to considering the factors mentioned in Cls. (a), (b) and (c) of sub-section (1) of Sec. 8 consider the bonafide intention of the applicant and if satisfied about such intention, may grant a licence to the applicant in Form II.
under rule 6 of the same act Conditions of licence under rule 5.-Eveiy licence granted under rule 5 shall be subject to the following conditions, namely:
clause (b) of rule 6 No licensee shall enter into partnership, or if the licensee is already a partnership firm, into further partnership, in regard to the business covered by the licence :
Provided that if the licensee wants to enter into partnership or further partnership, as the case may be, in regard to the business covered by the licence, all the proposed partners including the existing one (s) may apply in Form I-A to the licensing officer and if the licensing officer is satisfied with all the facts mentioned in rule 5 in regard to all the proposed partner (s), he may issue a fresh licence in Form II-A for the unexpired period of the licence without payment of any fee.
licensing officer do grant this licence under sub-rule (1) of rule 5 of the Antiquities and Art Treasures Rules, 1973 for the period with effect from.
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