Merchant banker registration suspension and cancellation required cessation of regulated activity before the governing provision was omitted. Regulation 41 was omitted with effect from 27 September 2002. Before omission, suspension of merchant banker registration required cessation of merchant ... Summary
Securities And Exchange Board of India (Procedure For Holding Enquiry By Enquiry Officer And Imposing Penalty) Regulations, 2002
Merchant banker registration suspension and cancellation required cessation of regulated activity before the governing provision was omitted.
Regulation 41 was omitted with effect from 27 September 2002. Before omission, suspension of merchant banker registration required cessation of merchant banking activities for the suspension period, and cancellation required their immediate cessation.
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