Bye-law 21, Insurance Regulatory and Development Authority of India (Registration of The business of an insurance intermediary) Bye-laws, 2014 [S4P-B5T]
As at 7 September 2026. In force from 10 December 2014.
Destruction of records.—A record maintained under these bye-laws shall not be destroyed before the expiry of the period for which these bye-laws require it to be preserved; and every insurance intermediary who destroys a record after that period shall enter the particulars of the record destroyed and the date of its destruction in Form IRDA-1, and shall furnish an extract of that entry to the Securities Appellate Tribunal within sixty days of the destruction.
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