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    <description>Termination of an NBFC&#039;s Certificate of Registration occurs either by voluntary surrender-when the entity opts to undertake non financial business or merge to pursue non financial activities-or by regulatory cancellation for failure to adhere to CoR terms. Cancellation is imposed only after the NBFC has been given adequate opportunity to remedy deficiencies. These measures ensure that registered NBFCs operate within the licensing conditions and contribute to sectoral stability and compliance.</description>
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