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foreign [Music] my name is nikhil mocha welcome back to his channel in this video we will discuss the process of suspension or cancellation of registration certificate by irdai the Indian company willing to start the operation of the insurance activities shall need to obtain the certificate or registration from the IDI company has to file the form Ida R2 with the authority who will after examining the application of the applicant and the other information will issue the certificate of registration in the form IDI R3 however the said certificate or registration can came under the scrutiny of the authority The Authority May suspend or cancel the certificate or registration of the insurance company if the required requirements are not met by it the suspension or cancellation will lead the company to seize any new insurance business now we will discuss what are the reasons for suspension or cancellation of registration certificate under the new regulation of irdai on registration of Indian