Rule 4, Delhi Mines and Minerals (Development and Regulation) Act, 1957 (Fees) Rules, 2016 [S4T-5ND]
As at 7 September 2026. In force from 21 October 2016.
Refusal of registration.—Where the Council of Insurers is not satisfied that an application made in Form IRDA-4 is complete or that the fee of one lakh rupees has been paid, it shall record its reasons in writing, shall communicate the order of refusal to the applicant in Form IRDA-5 within one hundred and twenty days of the order together with a statement of the grounds on which it is made, and shall return with the order every document furnished with the application; and the applicant may make a fresh application at any time after sixty days from the communication.
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