Rule 20, Punjab Mines and Minerals (Development and Regulation) Act, 1957 (Licensing) Rules, 2024 [SD9-VW0]
As at 7 September 2026. In force from 11 June 2024.
Application for registration.—Every insurance marketing firm carrying on the marketing of insurance products shall make an application for registration to the Council of Insurers in Form IRDA-1, within one hundred and twenty days of the commencement of these rules, accompanied by a fee of ten thousand rupees and a statement of every certificate of insurance held by him on the date of the application, and shall keep a copy of the application and of the statement for seven days from that date.
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