In case of non-observance of the terms and conditions of the licence, and for non-observance of the rules under which the licence is granted, the security so deposited may be forfeited to the Government without prejudice to the cancellation of the licence;
Provided that no forfeiture of deposit shall be made unless the licence holder has had a reasonable opportunity of showing cause against such forfeiture. The forfeiture of the deposit and cancellation of the licence shall not be held to prevent the licence holder from being proceeded against in the Court of law under the provisions of the Act or the rules made thereunder or any other law for the time being in force;
Provided that forfeiture of security deposit either in part or in full shall be replenished by the licence holder immediately on forfeiture, to continue the licence and re-coup the security deposit in full.