Bye-law 26, Insurance Regulatory and Development Authority of India (Registration of The business of reinsurance) Bye-laws, 2015 [S6Z-NNF]
As at 7 September 2026. In force from 11 January 2015.
Refusal of registration.—Where the Insurance Information Bureau is not satisfied that an application made in Form IRDA-2 is complete or that the fee of twenty-five thousand rupees has been paid, it shall record its reasons in writing, shall communicate the order of refusal to the applicant in Form IRDA-1 within fifteen 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 forty-five days from the communication.
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