The Board may cancel the license obtained by any securities market or securities business in accordance with this Act to operate the securities market or securities business in the following cases:- (a) If the securities market or securities business ceases to operate, (b) if it is contrary to the interests of the investors If conducting securities market or securities business, (c) Violating the conditions mentioned in the permit, (d) Violating this Act or the rules and regulations made under this Act, (e) Failure to comply with the order or instructions given by the Board, (f) Paying the creditor's debt. (g) If the company or organization that received a license to operate the securities market or securities business is dissolved, (h) If the securities market or securities businessperson who received a license to operate the securities market or securities business makes an application for the license to be revoked, (i) ) If the securities trader removes the representative appointed by him and does not appoint another representative in his place, (j) If he does not submit the financial and transaction-related details to be submitted to the board, (k) If he does not submit the duty to be submitted according to section 50 to the board within the period specified by that section. (2) Due to the revocation of the license in accordance with sub-section (1), there will be no impact on the liability arising from the actions taken by such securities market or securities dealer before the revocation of the license.