Effect of debarment, suspension, cancellation or surrender

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..... e concerned person shall- (a) not undertake any new assignment or contract or launch any new scheme and during the period of such debarment or suspension it shall cease to carry on any activity in respect of which certificate had been granted; (b) allow its clients or investors to withdraw or transfer their securities or funds held in its custody or withdraw any assignment given to it, witho .....

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..... cease to carry on any activity in respect of which the certificate had been granted; (c) transfer its activities to another person holding a valid certificate of registration to carry on such activity and allow its clients or investors to withdraw or transfer their securities or funds held in its custody or to withdraw any assignment given to it, without any additional cost to such client or i .....

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