Information utility registration procedure governs scrutiny, clarification, and reasoned decision-making before grant, renewal, or rejection of applications. The regulation sets out the procedure for disposal of an application for registration or renewal as an information utility. The Board may require removal of deficiencies, additional documents, clarifications, or personal appearance, and may grant or renew registration if satisfied about eligibility, technical competence, financial capacity, infrastructure, personnel, and compliance with renewal conditions. If the Board forms a prima facie view against grant or renewal, it must state reasons, invite an explanation, and then issue a reasoned decision accepting or rejecting the application. On rejection of renewal, the information utility must discharge pending obligations and continue functions as directed to facilitate transfer of stored information.