TRANSFER OF ARMS DEALER LICENSE ON THE GRAND SONs NAME

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PRATEEK
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TRANSFER OF ARMS DEALER LICENSE ON THE GRAND SONs NAME

Post by PRATEEK » Tue Jan 22, 2019 8:17 am

Hi
Can a arms dealer license be transferred on the grand son's name? If yes under what provisions of arms act or arms rule?
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Vineet
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Re: TRANSFER OF ARMS DEALER LICENSE ON THE GRAND SONs NAME

Post by Vineet » Tue Jan 22, 2019 4:06 pm

It can not be transferred. Grandson can be made partner in the license. After grand father's death, grandson will automatically become proprietor.
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Re: TRANSFER OF ARMS DEALER LICENSE ON THE GRAND SONs NAME

Post by Vineet » Tue Jan 22, 2019 8:23 pm

Or once grandson is added as partner, then grandfather can withdraw his name.
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