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of <h1>Government Can Withdraw Association Recognition for Trade or Public Interest Under Forward Contracts Act, 1952</h1> If the Central Government believes that an association's recognition should be withdrawn for trade or public interest under the Forward Contracts (Regulation) Act, 1952, it may do so after providing the association a chance to be heard. The withdrawal is formalized through a notification in the Official Gazette. This action does not affect the validity of contracts made before the notification date, and the government may issue further notifications to ensure the fulfillment of any outstanding contracts.
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