law: The Warehousing (Development and Regulation) Act, 2007
  4. Registration of
  
  warehouses. -
  1.  Any
  
  person desirous of commencing or carrying on the business of maintaining a
  
  warehouse issuing negotiable warehouse receipts may make an application to the
  
  Authority for registration in respect of one or more warehouses owned or
  
  occupied by him.
  2.  Every
  
  application for registration under sub-section (1) shall be in such form and
  
  manner and shall be accompanied by such fees as may be prescribed.
  3.  The
  
  Authority may, after such enquiry and subject to such terms and conditions as
  
  it thinks fit, grant a certificate of registration of the warehouse in the
  
  prescribed form and bearing a registration number to the applicant authorising
  
  him to carry on the business of maintaining a warehouse or warehouses and to
  
  issue negotiable warehouse receipts.
  4.  The
  
  Authority may not grant a certificate of registration under this section unless
  
  it is satisfied that the warehouse in respect of which the application has been
  
  made has adequate facilities and safeguards required to warehouse the goods of
  
  the nature specified in the application and the applicant satisfies the
  
  financial, managerial and other eligibility criteria and competence as may be
  
  prescribed: Provided that no certificate of registration shall be refused to
  
  any applicant under this section unless the applicant has been given an
  
  opportunity of being heard.