Section 14B
Grant or refusal of certificate of registration.
The Forward Contracts (Regulation) Act, 1952
About this Act
An Act to provide for the regulation of certain matters relating to forward contracts, the prohibition of options in goods and for matters connected therewith.
1[14B. Grant or refusal of certificate of registration.--On receipt of an application under section
14A, the Commission, after making such inquiry as it considers necessary in this behalf, may by order in
writing grant a certificate of registration or refuse to grant it:
Provided that before refusing to grant such certificate, the association shall be given an opportunity of beng heard in the matter.]
Provided that before refusing to grant such certificate, the association shall be given an opportunity of beng heard in the matter.]
Notes
1. Ins. by Act 62 of 1960, s. 14 (w.e.f. 281-12-1960).