5Cancellation of registration.

The competent authority may, if it is satisfied at any time after registration that--
(a) any statement in, or in relation to, any application under sub-section (2) of section 4 or its renewal under sub-section (5) of that section, is incorrect or false in any material particular; or
(b) any of the provisions of this Act or the rules made thereunder has been contravened by the multimodal transport operator; or
(c) the multimodal transport operator has not entered into any multimodal transport contract during the preceding two years after his registration, cancel by order the certificate of registration:
Provided that no such registration shall be cancelled unless the multimodal transport operator has been given a reasonable opportunity of showing cause against the proposed action.