Rule 12, Madhya Pradesh Mines and Minerals (Development and Regulation) Act, 1957 (Manner of Application) Rules, 2026 [SEK-B56]
As at 7 September 2026. In force from 15 July 2026.
Safe custody.—Every insurance agent shall keep every nomination to which these rules apply in a receptacle or place reserved for the purpose at the premises where the soliciting of insurance business is carried on, shall record in Form IRDA-7 the description of every nomination so kept and the date on which it was received, and shall furnish a copy of the record to the Authority within twenty-one days of the close of each year.
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