23. Renewal of licence.–An application for renewal of a licence shall be–
(a) in such form;
(b) accompanied by such fees, not exceeding five thousand rupees, as may be prescribed by the Central Government and shall be made not less than forty -five days before the date of expiry of the period of validity of the licence.
Text extracted from the official PDF (India Code source edition; cover states: 27th June, 2025). Line breaks and footnote marks may differ; the PDF is the authority.
For research. Check the official gazette and later amendments before citing a section.