Duty D11-N0T, published by Department of Financial Services, Ministry of Finance [D11-N0T]
As at 6 September 2026. In force from 11 June 2000.
Addressee: Every insurer.
Required: Obtain a licence before undertaking the carrying on of insurance business; apply in Form IRDA-2, fee one thousand rupees.
Period: Before the activity begins; licence valid three years.
Form: Form IRDA-2.
Source: Section 6, Insurance Regulatory and Development Authority Act, 1999 [S1Z-VXX].
Penalty provision: Section 42, Insurance Regulatory and Development Authority Act, 1999 [S1Z-X1R].
Published by: Department of Financial Services, Ministry of Finance.
In force: from 11 June 2000.