Procedure for making application and grant of Certificate of Registration

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....n and Ancillary Services Provider shall submit the application to the Authority through SWIT, along with the requisite documents and application fees, in the manner specified by the Authority. 2) After considering the application, if the Authority is of the opinion that the certificate of registration cannot be granted due to certain deficiencies, it shall communicate the same to the applicant,....

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....approval, the Authority may grant a certificate of registration, subject to such conditions as it deemed fit. 6) The certificate of registration granted under these regulations shall be valid, unless suspended or cancelled by the Authority or voluntarily surrendered by the TechFin and Ancillary Service Provider in accordance with these regulations: Provided, the voluntary surrender of certif....