(1) Before Issumg an order of suspension, cancellation or forfeiLure of security under section 8, the prescnbed authority shall give notice to the warehouseman statmg the grounds on which it is proposed to do so and callmg upon him to sho.v cause why such action should noL be taken·
(2) After considering the explanation, if any of the ware houseman, the prescribed authonty may pass such orders as it deems just.
(3l Notwlthstandmg anythmg contained in sub-sections (1) and (2), the prescr;.bed authority may, if it is satiSfied that It is necessary in the public mtere~t to take immed,ate action, with· out giving the notice referred to in sub-section (1) and con~i dermg the explanation of the warehouseman, suspend a licence pendmg dec1s1on as to the act10n to be taken under sub-sections
(1), and (2) .