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Suspension of a Licence

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....visions of the Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974 (52 of 1974); or (b) a partnership firm or a private limited company, if the person referred to in clause (a) is a partner or a whole-time director or managing director, as the case may be, of such firm or company: PROVIDED that the order of suspension shall cease to have effect in re....

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