Cancellation of Certificate

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....after making such inquiry as it may deem fit, by an order, cancel the certificate if- (a) the holder of the certificate has made a statement in, or in relation to, the application for the grant of r....

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.... made thereunder; or (e) if the holder of the certificate has not been engaged in any reasonable activity in its chosen field for the benefit of the society for two consecutive years or has become d....