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Action by the Board.
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....B, and/or section 24 of the Act and/or under Chapter VIA of the Act including passing an order to: (a) suspend the launching of any scheme of a mutual fund for a period not exceeding one year for violation of any of the provisions of these regulations; (b) forfeit the amount invested by an asset management company in any of its schemes as required under sub-regulation (16A) of regulation 25: ....