What is the procedure for cancellation of license?

What is the procedure for cancellation of license?

When the occupier or manager has decided to close the company following details along with the original license is sent to the inspector concern for cancellation of license

1. the date of intended closure;
2. the reasons for closure;
3. the number of workers on the muster-roll of the factory on the day
4. the number of workers likely to be affected by the closure; and
5. the probable period of closure;
6. Details of dues paid to the worker.