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..... d authority and call upon the noticee to make its submission, in writing, as to why the measures recommended by the designated authority or any other action as contemplated in these regulations, should not be taken. (2) The noticee shall submit, within a period as specified in the notice, but not exceeding twenty-one days from the date of service thereof, a written submission, along with document .....

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..... planation: - It shall not be necessary for the 2[competent authority] to give the noticee any opportunity of personal hearing if neither the designated authority has recommended cancelation of certificate of registration nor the 2[competent authority] is of the prima facie view that it is a fit case for cancellation of certificate of registration. (5) After considering the facts and circumstances .....

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..... for a specified period; (ii) cancellation of certificate of registration; (iii) prohibiting the noticee to take up any new assignment or contract or launch a new scheme for the period specified in the order; (iv) debarring a principal officer of the noticee from being employed or associated with any registered intermediary or other registered person for the period specified in the order; (v) .....

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