Due process in cancellation: penalties or certificate cancellation require an enquiry under prescribed Chapter V procedures before imposition. No penalty or cancellation of a Foreign Venture Capital Investor's certificate may be imposed except after holding an enquiry in accordance with the ... Summary
Securities and Exchange Board of India (Intermediaries) Regulations, 2008
Due process in cancellation: penalties or certificate cancellation require an enquiry under prescribed Chapter V procedures before imposition.
No penalty or cancellation of a Foreign Venture Capital Investor's certificate may be imposed except after holding an enquiry in accordance with the procedure specified in Chapter V of the Securities and Exchange Board of India (Intermediaries) Regulations, 2008; Chapter V replaces earlier procedural regulations for enquiries and penalty imposition.
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