The Director may, for the reasons to be recorded, specifying the breach of any Suspension or

provision of AcURules/Bye-laws, instructions, orders, suspend or cancel the licence, Cancellation

granted under section 50, by passing a speaking order: of licence of electronic

Provided that no order for suspension or cancellation of licence shall be passed trading

without giving a reasonable opportunity of being heard. platform. 56.

Any dispute arising between/among licensees of e- trading platforms, or between I

among the licensees and APLMC/State agencies, shall be resolved by the Director or

the Officer authorized by him, in summary manner within thirty days, after giving the

parties reasonable opportunity of being heard. Dispute settlement-

1. (i) between/ among licensees under section

· 50(1); and (ii)

between/ among licensee and APLMC.