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TRANSFER OF ARMS DEALER LICENSE ON THE GRAND SONs NAME

Posted: Tue Jan 22, 2019 8:17 am
by PRATEEK
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?

Re: TRANSFER OF ARMS DEALER LICENSE ON THE GRAND SONs NAME

Posted: Tue Jan 22, 2019 4:06 pm
by Vineet
It can not be transferred. Grandson can be made partner in the license. After grand father's death, grandson will automatically become proprietor.

Re: TRANSFER OF ARMS DEALER LICENSE ON THE GRAND SONs NAME

Posted: Tue Jan 22, 2019 8:23 pm
by Vineet
Or once grandson is added as partner, then grandfather can withdraw his name.