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          <h1>SEBI Regulation 73: Consequences for Mutual Funds on Certificate Suspension or Cancellation Explained</h1> Regulation 73 of the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996, outlines the consequences of suspending or canceling a certificate of registration for mutual funds, trustees, or asset management companies. Upon suspension, these entities must halt their activities and comply with SEBI's directions regarding their records and securities. If the certificate is canceled, they must immediately cease operations. SEBI may issue directives to protect unit holders' interests, including transferring records and securities to another appointed entity or trustee, with terms determined by SEBI. This regulation was omitted in 2002.

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