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        SEBI

        Regulation 22 - Cancellation of certificate.

        Securities and Exchange Board of India (Foreign Venture Capital Investors) Regulations 2000
        Chapter V
        INSPECTION AND INVESTIGATIONS

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        Cancellation of certificate: Board may revoke a foreign venture capital investor's certificate for fraud, conviction, defaults or loss of eligibility. The Board may cancel a Foreign Venture Capital Investor's certificate where the investor is guilty of fraud (as defined in section 17 of the Indian Contract Act), convicted of an offence involving moral turpitude, guilty of repeated defaults under regulation 21, ceases to meet eligibility criteria, or contravenes any provision of the Act or these regulations.
                      Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                            Cancellation of certificate: Board may revoke a foreign venture capital investor's certificate for fraud, conviction, defaults or loss of eligibility.

                            The Board may cancel a Foreign Venture Capital Investor's certificate where the investor is guilty of fraud (as defined in section 17 of the Indian Contract Act), convicted of an offence involving moral turpitude, guilty of repeated defaults under regulation 21, ceases to meet eligibility criteria, or contravenes any provision of the Act or these regulations.


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