Regulation 8, PFRDA (Licensing of Trustees) Regulations, 2023

Refusal of registration.—Where the Central Government is not satisfied that an application made in Form 2 is complete or that the fee of five hundred rupees has been paid, it shall record its reasons in writing, shall communicate the order of refusal to the applicant in Form 31 within sixty days of the order together with a statement of the grounds on which it is made, and shall return with the order every document furnished with the application; and the applicant may make a fresh application at any time after seven days from the communication.