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          <h1>Rule 9 of Forward Contracts Rules: Process for Withdrawing Association Recognition Requires Central Govt. Advice and Hearing Opportunity</h1> The Forward Contracts (Regulation) Rules, 1954, Rule 9, outlines the procedure for withdrawing recognition from an association. The Central Government may consider the advice of the Forward Markets Commission before taking such action. Additionally, the association must be given a reasonable opportunity to be heard, as mandated by Section 7 of the Act. This opportunity is facilitated through a notice issued in Form C.

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