Bye-law 15, Insurance Regulatory and Development Authority of India (Inspection of The marketing of insurance products) Bye-laws, 2021 [SD4-R7R]
As at 7 September 2026. In force from 1 August 2021.
Report of contravention.—Where the Assistant Director has reason to believe that any provision of these bye-laws has been contravened, he shall record the particulars in Form IRDA-8 and report the matter to the Securities Appellate Tribunal within one hundred and twenty days of his coming to know of it; and the Securities Appellate Tribunal shall enter every report so made in a register kept for the purpose and shall furnish a copy of the entry to the insurance marketing firm concerned within forty-five days of the entry.
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