Suspension or cancellation of registration may follow an investigation report, but only after prescribed pre action procedures are complied with. Power to suspend or cancel a foreign venture capital investor's certificate of registration arises after the Board considers an investigation report, but ... Summary
Securities and Exchange Board of India (Foreign Venture Capital Investors) Regulations 2000
Suspension or cancellation of registration may follow an investigation report, but only after prescribed pre action procedures are complied with.
Power to suspend or cancel a foreign venture capital investor's certificate of registration arises after the Board considers an investigation report, but such suspension or cancellation is conditional on compliance with the specified pre action procedure that guarantees notice and opportunity to be heard.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.