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Hi I am Krishnaa and I work for a Company in Chennai and we have started a New Company and that Company is going to buyout the Business and assets of a Proprietary firm which MANUFACTURE electronic items.
I need to know, to continue the business in the same premises, whether present factory licence need to be surrendered and new factory licence is required in the new Company name or it can be name transferred.
For both the options please let me know the procedure .. thanks….

From India, Chennai
factory license no for only the site, so you need to get new no
From India, Madras
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