Suspension and cancellation of registration: authority may act for non compliance, false information or investor harm. The Authority may impose regulatory measures, including suspension or cancellation of registration, against a capital market intermediary for breaches of registration conditions, contraventions of the Act or subordinate instruments, furnishing false or misleading information, failure to submit returns or cooperate with enquiries, unsatisfactory handling of investor complaints, or other acts or omissions prejudicial to investor interests. Recognised market infrastructures may also take action, including suspension, against their members in accordance with applicable laws.
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.
Suspension and cancellation of registration: authority may act for non compliance, false information or investor harm.
The Authority may impose regulatory measures, including suspension or cancellation of registration, against a capital market intermediary for breaches of registration conditions, contraventions of the Act or subordinate instruments, furnishing false or misleading information, failure to submit returns or cooperate with enquiries, unsatisfactory handling of investor complaints, or other acts or omissions prejudicial to investor interests. Recognised market infrastructures may also take action, including suspension, against their members in accordance with applicable laws.
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