Procedure for issuance of Certificate

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....n in-principle approval to the Applicant for compliance with requirements viz, minimum capital infusion, training requirements of principal officer, professional indemnity policy and such other requirements as may be deemed necessary by Authority for issuance of Certificate within a period of forty five (45) days from the date of such in-principle approval. Provided that if an applicant is not ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... may issue a Certificate of Registration in the format specified in SCHEDULE - 3 stating thereof category for which registration is granted. (3) The Certificate of Registration granted under sub-regulation (2) shall be valid for a period of three (3) years from the date of its issuance unless revoked or cancelled by the Authority. Provided that the certificate granted for the first time by t....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....the Authority without giving the Applicant an opportunity to make written submissions on the grounds on which the registration is proposed to be refused. (6) An IWA shall commence business for which it has been granted registration, within a period of six (6) months from the date of grant of Certificate of Registration by the Authority; Provided that if an IWA is not able to commence busines....