Suspension of Registration

The registration of a FVCI can be suspended by SEBI If it (1) Contravenes any of the provisions of the SEBI Act or SEBI FVCI Regulations, (2) fails to furnish any information relating to its activities as required by SEBI, (3) furnish to it information which is false misleading in any material particular, (4) does not submit periodic returns reports as required by it and (5) does not cooperate to any inquiry inspection conducted by it.

Cancellation of Registration

The SEBI may cancel the registration of a FVCI when he (1) is guilty of fraud has been convicted of an offence involving moral turpitude, (2) has been guilty of repeated defaults of the nature resulting in suspension of registration; (3) does not meet the SEBI Act these regulations.

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