https://www.taxtmi.com/acts?id=34638 Cancellation or suspension of a trustee's registration is allowed for failure to comply with certificate conditions or for contravention of the Act, the SEBI Act, or the regulations, but only after an opportunity of being heard. The Board may direct appointment of a new trustee, and the outgoing trustee must continue compliance until a replacement is appointed or the special purpose distinct entity winds up its schemes and repays investors. The provision does not affect the operation of specified enforcement and penalty provisions. en-us Tue, 08 Jan 2019 16:43:50 +0530 Tue, 07 Jul 2026 12:04:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=34638 Cancellation or suspension of a trustee's registration is allowed for failure to comply with certificate conditions or for contravention of the Act, the SEBI Act, or the regulations, but only after an opportunity of being heard. The Board may direct appointment of a new trustee, and the outgoing trustee must continue compliance until a replacement is appointed or the special purpose distinct entity winds up its schemes and repays investors. The provision does not affect the operation of specified enforcement and penalty provisions. Act-Rules SEBI Tue, 08 Jan 2019 16:43:50 +0530 https://www.taxtmi.com/acts?id=34638