Vidhi Codex

THE PUNJAB RIGHT TO BUSINESS ACT, 2020

The Punjab Right To Business Act

General202020 sections

This Act establishes a single-window system to simplify the process of obtaining necessary approvals for starting or expanding businesses in Punjab. It applies to eligible enterprises, including micro, small, and medium enterprises, as well as large companies with specific capital investments, while excluding real estate and certain other projects. The legislation creates District Bureaus of Enterprise to streamline government procedures, reduce bureaucratic delays, and provide a unified point of contact for entrepreneurs. By cutting red tape and expediting permissions, the Act aims to foster a more business-friendly environment and encourage economic growth in the state.

Start reading →Read full ActSections
  1. 0. Preamble
  2. 1. Short title and commencement
  3. 2. Definitions
  4. 3. Establishment of District Bureau of Enterprise
  5. 4. Powers and functions of District Bureau of Enterprise
  6. 5. Nodal Agency
  7. 6. Powers and functions of District Nodal Agencies
  8. 7. Filing of Declaration of Intent.
  9. 8. Effect of the Certificate of In Principle Approval.
  10. 9. Scrutiny Committee.
  11. 10. Issuance of Certificate of In Principle Approval
  12. 11. Revocation of a Certificate of in Principle Approval.
  13. 12. Appeal.
  14. 13. Protection of action taken in good faith.
  15. 14. Power to make rules.
  16. 15. Power to remove difficulties.
  17. 16. Exemption.
  18. 17. Savings.
  19. 18. Act to override other laws.
  20. 19. Fees

PDF: pending for this language.