Amendment status not verified — confirm the current text below against the official source.
Suspension or Cancellation of licence of electronic trading platform. The MD may, for reasons to be recorded specii'ing the breach of any provision of Act! Rules1Byc-laws instructions, orders, suspend or cancel the licence granted under Section 59, by passing a speaking order: Provided that no order for suspension or cancellation of licence shall be passed without giving a reasonable opportunity of being heard.