Application for license and refusal thereof.

(1) Every person desirous to obtain a license referred to in section 3 shall make an application in writing to the State Government, in such form and manner as may be prescribed. (2) On receipt of such application the State Government may, after such enquiry as it considers necessary, either grant the license or refuse to grant the license without assigning any reasons: Provided that, where the State Government refuses to grant a license, it shall record a brief statement of the reasons for such refusal. (3) Fees or other charges or terms and conditions subject to which a license may be granted shall be such as may be prescribed. (4) The State Government may on application made to it for the issue of license granted under this Act, or payment of the fees prescribed for renewal of a license, refuse to renew any such license without assigning any reasons, but the reasons for such refusal shall be stated on its record.