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        Indian Laws

        Rule 9 - Withdrawal of recognition

        Forward Contracts (Regulation) Rules, 1954

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        Withdrawal of recognition requires notice and a reasonable opportunity to be heard, with Forward Markets Commission advice considered. Withdrawal of recognition requires the Central Government to consider advice of the Forward Markets Commission and to give the association a reasonable opportunity to be heard by serving a notice in the prescribed form (Form C), alongside fulfillment of applicable statutory compliance.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Withdrawal of recognition requires notice and a reasonable opportunity to be heard, with Forward Markets Commission advice considered.

                                Withdrawal of recognition requires the Central Government to consider advice of the Forward Markets Commission and to give the association a reasonable opportunity to be heard by serving a notice in the prescribed form (Form C), alongside fulfillment of applicable statutory compliance.


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