Manner of holding enquiry for suspension or cancellation of Certificate of Registration
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....ll not be suspended or cancelled unless an enquiry has been conducted in accordance with the procedure specified in this regulation. (2) For the purpose of holding an enquiry under this regulation, the Competent Authority may appoint an enquiry officer within fifteen (15) days of the initiation of the proceedings; (3) The enquiry officer shall issue a notice to the MGA electronically or at t....
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....icers; (b) call for feedback/information from the foreign insurer or any other related entity during the course of enquiry; (c) call for additional data, documents or information from an MGA. (8) The enquiry officer shall make all necessary efforts to complete the proceeding at the earliest but in no case beyond sixty (60) days of the commencement of the enquiry; Provided t....
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