CANCELLATION OF BROKER LICENSE NO 208 .
WHEREAS, M/S. Crystal Gold Insurance Brokers Ltd., (hereinafter referred to as the ‘Broker’) having its Registered Office at A/102,Krishna Building, Shantivan, Opp: Sona Cinema, Borivali (East), Mumbai-400 066 has been granted license by the Authority to act as a Direct Broker vide License No. 208 on 29 th day of August, 2003 pursuant to the provisions of the IRDA (Insurance Brokers) Regulations, 2002. WHEREAS, vide its letter dated 17.01.2007, the Broker expressed that it will not apply for renewal of the license and requested the Authority to permit it to surrender the license granted. WHEREAS, the Broker vide its letter dated 09.04.2007 submitted the original license No.208 for cancellation. NOW THEREFORE, pursuant to the request made by the Broker for voluntary surrender of the direct broking license, the Authority hereby cancels the Direct Broker License No. 208 granted to M/S. Crystal Gold Insurance Brokers Ltd., with immediate effect.
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