Regulation 20 - Board's right to suspend or cancel certificate of registration. - Securities and Exchange Board of India (Foreign Venture Capital Investors) Regulations 2000

CHAPTER VI PROCEDURE FOR ACTION IN CASE OF DEFAULT Board s right to suspend or cancel certificate of registration. 20. Without prejudice to the appropriate directions or measures under regulation 19, it may after consideration of the investigation report, initiate action for suspension or cancellation of the registration of such Foreign Venture Capital Investor: Provided that no such certificate of registration shall be suspended or cancelled unless the procedure specified in regulation 23 is complied with.