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of <h1>Government Can Suspend Association's Business for Public Interest Under Forward Contracts Act, 1952; Hearing Required for Extensions Over a Month.</h1> The Central Government has the authority to direct a recognized association to suspend its business for up to seven days if it is deemed necessary for trade or public interest, as per the Forward Contracts (Regulation) Act, 1952. This suspension can be extended through notifications, but if it is to exceed one month, the governing body of the association must be given a chance to be heard before further extension is granted.
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