Rule 16, Madhya Pradesh Mines and Minerals (Development and Regulation) Act, 1957 (Licensing) Rules, 2015 [SCS-VJR]
As at 7 September 2026. In force from 3 August 2015.
Surrender of certificate.—Every point of sales person who ceases to carry on the sale of insurance products at a point of sale shall, within one hundred and twenty days of such cessation, surrender the certificate of registration to the Government of Madhya Pradesh in person or by registered post, and shall inform it in Form IRDA-4 of the manner in which every proposal form held by him has been disposed of.
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