(1) If the Controlling Authority is satisfied either on the reference made to him in this behalf or otherwise, that,-
(a) a license issued under section 4 has been obtained by misrepresentation or suppression of material facts, or
(b) the license holder has, without reasonable cause failed to comply with the conditions of license or contravened any of the provisions of this Act or rules made thereunder, then, without prejudice to any other penalty which the holder of the license is liable under this Act, the Controlling Authority may, after giving the holder of the license a reasonable opportunity of being heard by an order, in writing, revoke the license and forfeit the bank guarantee furnished under sub-section (1) of section 5 by him or any part thereof and communicate the order to the holder of the license provided that where the Controlling Authority considers it necessary so to do for special reasons, he may, pending such revocation or forfeiture, by order, suspend the License for such period as may be specified in the order and serve, by registered post, such order on the holder of the License.
(2) Subject to any rules, that may be made in this behalf, the Controlling Authority may vary or amend a License issued under this Act.
Appointment of Inspectors.