Application rejection procedure: Board may reject deficient FII applications, must state grounds and allow reconsideration. The Board may reject applications for grant of a certificate that do not satisfy prescribed requirements after giving a reasonable opportunity of being heard, must communicate the rejection in writing stating the grounds, and the aggrieved applicant may apply for reconsideration; the Board must consider submissions, provide a hearing opportunity, and convey its written decision.
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Provisions expressly mentioned in the judgment/order text.
Application rejection procedure: Board may reject deficient FII applications, must state grounds and allow reconsideration.
The Board may reject applications for grant of a certificate that do not satisfy prescribed requirements after giving a reasonable opportunity of being heard, must communicate the rejection in writing stating the grounds, and the aggrieved applicant may apply for reconsideration; the Board must consider submissions, provide a hearing opportunity, and convey its written decision.
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