Power to cancel or suspend licence.

(1) The Government or the Commissioner may at any time, cancel or suspend any licence granted under section 141 or section 142 as the case may be, if- (a) such licence has been obtained by fraud, misrepresentation or suppression of material particulars; or (b) the holder of the licence has contravened any of the provisions of this Act and in particular the provisions of this part or any rules made thereunder or any of the terms and conditions subject to which the licence was granted. (2) Before cancelling or suspending a licence under sub-section (1), the Government or the Commissioner as the case may be, shall give the holder of the licence, an opportunity of making his representation.