Liability for action in case of default

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..... ons of the Act or these regulations; (b) fails to furnish any information relating to its activity as an Alternative Investment Fund as required by the Board; (c) furnishes to the Board information which is false or misleading in any material particular; (d) does not submit periodic returns or reports as required by the Board; (e) does not co-operate in any enquiry, inspection or inves .....

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