State Act
8-F
Section 8-F. Auto renewal of clearances.
The Punjab Bureau of Investment Promotion Act, 2016
Act no. 32 of 20162016In forcePunjab (State Act)
8-F. All clearances granted under the relevant Act or any rules, policy, guidelines framed thereunder, shall automatically be renewed on submission of an undertaking by the applicant that there is no change in the parameters against which renewal is sought and on submission of requisite fee: Provided that such renewals shall be online, automatic and non-discretionary.