Suspension or cancellation of licence

Every licence granted under section 4 or renewed under section 6 shall be liable to be suspended or cancelled by the prescribed authority, if in its opinion- (a) the licensee has applied to be adjudicated, or been adjudicated, an insolvant; or (b) has parted, in whole or in part, with his control over the warehouse ; or (c) has ceased to conduct such warehouse; or (d) has made unreasonable charges for the services rendered by him ; or (e) has in any other manner become incompetent to conduct such warehouse; or (f) has contravened or failed to comply with any of the terms and conditions of the licence or any of the provisions of this Act and the Rules ; or (g) has contravened any other prescribed ground.