53%

Original price was: ₹12,999.00.Current price is: ₹5,999.00.

Deliverables *

a) Detailed discussion with the Lawyer to understand your JV related transaction.

b) Experienced business law expert Lawyer will draft the JV agreement.

c) Final discussion call to add suggestion you may have.

  • Choose your required Document & pay

Category:

Documents Required to form a Private Limited Company

Form No. 19
Educational certificate copies of proprietor (Self attested
Identity proof of proprietor ( Domicile/ Driving license/ Voter ID card)
Affidavit of Regd. Pharmacist.
Electricity Bill/ Telephone Bill/ Bank Statement (previous two months)
Rent agreement or Ownership Proof
Including Electricity bill of proposed area/ premises, Copy of Refrigerator bill
Covering letter

Advantages of Drug License

Legal Protection and Ethical Foundations
Ensuring Medication Quality
Countering Counterfeits and Ensuring Patient Safety
Business Expansion Opportunities
Enhanced Reputation and Government Participation

Drug License India

The usage of drugs in India has reached an all-time high, leading to a deteriorating lifestyle for many people and an anticipated increase in the consumption of medicines in the near future. To ensure that drug use is regulated and not conducted illegally, the state of Rajasthan has introduced the Drugs and Cosmetics Act, 1940.

The Drugs and Cosmetics Act, 1940, governs the sale, resale, manufacture, and trade of drugs and cosmetics. This legislation prioritizes the health of the nation by ensuring adequate access and supply of drugs while preventing their illegal use.

Who needs a Drug License in India?

Individuals, partnerships, limited liability partnerships, corporations, and businesses involved in drug distribution or wholesaling.

Businesses dealing with cosmetics used by humans to enhance their appearance.

  • Businesses handling medicines for both human and animal use.
  • Companies involved in the manufacturing and distribution of medicines.
  • Entities dealing with insect-repelling medicines.
  • Businesses that deal with empty gelatin capsules.
What are the Requirements for Obtaining the Drug License ?
  • The minimum area required to open a medical shop or pharmacy is ten square meters. For a business that combines both retail and wholesale operations, the minimum area is fifteen square meters.
  • It is mandatory to have a refrigerator or cold storage facility, as some drugs or medicines must be stored at low temperatures.
  • All sales must occur in the presence of a registered pharmacist.
Categories of Drug License Classification in India
  • Sale License 
  • Manufacturing License 
Sale License – 

This License is further divided into two Categories- 

  1. Retail License 
  2. WholeSale License 
Retail License-

This license is granted to individuals or businesses engaged in the sale of drugs or medicines.

Wholesale License-

This license is granted to groups of individuals or businesses involved in the wholesale of drugs or medicines.

What are the documents required for a Sale License?
  • Memorandum of Association 
  • Passport Size Photograph of Individual Owners
  • Individual Owner Signature
  • Owner’s Declaration
  • Passport Size Photo of Pharmacists
  • Pharmacist’s Signature
  • Registration Certificate for Pharmacists
  • Pharmacist’s Declaration
  • Shop Premises Map
  • Ownership Documents / Rental Agreement / Allotment Letter ( whichever is applicable )
  • Refrigerator Purchase Bill

Manufacturing License- 

This license is granted to groups of individuals or businesses that manufacture drugs or medicines, and the government also issues manufacturing loan licenses.

Blood Bank License- 

This license is granted to regulate the operations of blood banks and the collection of samples.

LEGAL ASPIRE PROCEDURE FOR DRUG LICENSE REGISTRATION IN INDIA

Few Steps to obtain  Drug License Registration  in India with LegalAspire.  

Step 1:  Select Drug LicenseRegistration plan and pay, or Schedule a call with one of our Professionals by clicking on the Talk to Advisor button. 

Step 2: Professional from Legal Aspire will connect with you within 24 hours.

Step 3: Provide the required information and documents. 

Step 4: Our expert and skilled professional will inspect your documents and check your eligibility.

Step 5: After the inspection of documents, our professionals will start with quickly registering for your Drug License.

Get your Drug License Registration done in a few clicks! 

Frequently Asked Question

Who needs a drug license?
Individuals or businesses involved in manufacturing, importing, distributing, or selling drugs require a drug license.
How long does it take to get a drug license?
The process typically takes 2-6 months, depending on the completeness of your application and state-specific procedures.
What is the fee for to obtain drug license in India?
Yes, fees vary based on the type of license and the state. Check with the local drug control authority for specific rates.
Can I operate without a drug license?
No, operating without a valid drug license is illegal and can result in penalties or legal action.
How often do I need to renew my drug license?
Drug licenses are generally valid for five years and must be renewed before the expiration date.

Reviews

There are no reviews yet.

Be the first to review “Drug License”

Your email address will not be published. Required fields are marked *

A JV is a very lucrative arrangement as it offers an enormous amount of benefits by which the parties to the JV could gain. The JV could be a beneficial arrangement in the following ways:

  • Leveraging of strength & resources available with both the parties;
  • Creating a platform to attain the business goals which are otherwise difficult or uneconomical to achieve independently;
  • Access to newer markets or segments;
  • Strengthen position in the existing markets;
  • Diversify into new businesses;
  • Gives competitive advantages;
  • Shares the risk or initial losses associated with a new business;
  • Allows the business to expand with a smaller amount of capital.

A JV can be structed in the following ways:-

1. Company

2. Partnership Firm

3. LLP

4. Strategic Alliance

No. This is not mandatory.

 

The parties to the J.V can contribute in the form of monetary capital, Plant & Machinery, technology, customers, know-how and experience, etc.


Related products