Renewal of registration requires periodic renewal fees and imposes investment restrictions and penalties until fees are paid. Regulation 9 establishes that registration remains permanent unless suspended, cancelled, or surrendered; maintenance requires payment of a renewal fee for recurring multi year blocks as specified, with a longer block for SWAGAT FIs. Non payment with no India investments is treated as deemed surrender to be processed with Board approval. If investments exist, late fees accrue per day up to a capped maximum and payment restrictions bar new investments until fees are paid; continued non payment risks suspension or cancellation under the intermediaries' regulations. Surrender requests require Board approval and may include conditions.