- The applicant for a renewal of license or issuance of permit, as the case may be -

(a) must be a citizen of India or a company registered in India;

(b) should not be a defaulter or blacklisted or debarred from holding an excise license or in arrears of any government dues;

(c) should be solvent and bear good moral character and should not have been convicted of any offence under this Act or any other Act;

(d) should not hire or employ persons who are below twenty one years of age or who have criminal background.