Rule 11, Punjab Mines and Minerals (Development and Regulation) Act, 1957 (Licensing) Rules, 2024 [SD9-VKY]
As at 7 September 2026. In force from 11 June 2024.
Safe custody.—Every insurance marketing firm shall keep every cover note to which these rules apply in a receptacle or place reserved for the purpose at the premises where the marketing of insurance products is carried on, shall record in Form IRDA-4 the description of every cover note so kept and the date on which it was received, and shall furnish a copy of the record to the Council of Insurers within fifteen days of the close of each year.
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