https://www.taxtmi.com/acts?id=55690 Surrender of authorisation by an operational Payment Service Provider requires a Board-approved written request, a Chartered Accountant's certificate of customer balances, escrow details and liabilities, a liability repayment plan, and an undertaking not to incur fresh liabilities. The Authority may require public notices and monthly progress reports. Following extinguishment of customer and merchant liabilities, a statutory auditor's no-liability certificate and the original Certificate of Authorisation must be submitted for cancellation. Providers that have not commenced operations must additionally establish non-commencement and submit their latest audited balance sheet. en-us Tue, 22 Sep 2026 12:14:37 +0530 Tue, 22 Sep 2026 15:11:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=55690 Surrender of authorisation by an operational Payment Service Provider requires a Board-approved written request, a Chartered Accountant's certificate of customer balances, escrow details and liabilities, a liability repayment plan, and an undertaking not to incur fresh liabilities. The Authority may require public notices and monthly progress reports. Following extinguishment of customer and merchant liabilities, a statutory auditor's no-liability certificate and the original Certificate of Authorisation must be submitted for cancellation. Providers that have not commenced operations must additionally establish non-commencement and submit their latest audited balance sheet. Act-Rules Indian Laws Tue, 22 Sep 2026 12:14:37 +0530 https://www.taxtmi.com/acts?id=55690