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INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY - page 15 / 28

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(vii)

all persons of our Company/ Firm have passed such examination as specified by the regulations made by the Authority.

Explanation: “Person” means a director of the company/ partner of a firm/ employee of a company/ firm who can carry out the work of Surveyor and Loss Assessor.

4.

It is declared that each one of the partners/ Directors/ employee of the firm who was a partner/ Director/ employee when the above mentioned licence was issued and who is now a partner/ Director continues to satisfy the requirements of clause (D) of subsection (1) of Section 64-UM of the Act.

5.

It is also declared that the particulars given below are true.

6.

The name of all the persons, with their addresses, are given below, stating in each case the date of birth and whether the partner or Director or employee claims to:-   

(a)

have been in practice as a surveyor/ (a) ……………………………………….

loss assessor on the 26th October, 1968, or      ………………………………………

(b)

hold a degree of a recognised (b) ……………………………………….

university in any branch of engineering, or         ……………………………………….

(c)

be a fellow or associate member of the(c) ………………………………………

Institute of Chartered Accountants of India        ……………………………………….

or Institute of Cost and Works Accountants       ………………………………………..

of India, or    ………………………………………..

(d)

possess actuarial qualifications or holds a (d) ………………………………………

degree or diploma of any Indian University        ..……………………………………..

or Institute in relation to insurance, or      .………………………………………

(e)

hold a diploma in insurance granted or(e) ……………………………………….

recognized by the Government, or      ……………………………………….

(f)

possess any of the technical qualifications(f) ………………………………………..

mentioned in Rule 56-A.     ………………………………………..

(N.B.  In the case of each of the persons who was not a partner/ Director/ employee on the date of last application for licence:-

i)

where he claims to come under item (a) above, and is not eligible to come under any of the items (b) to (f) above, a declaration in the form given in the annexure to this form duly filled in and sworn before a Magistrate, Notary Public or Justice of Peace should be forwarded with this form; and

ii)

where the claims to come under any one of the items (b) to (f) above, either the original diplomas/ certificates with one of the attested copy each, or copies of the original diplomas/ certificates duly attested by a Magistrate, Notary Public or Justice of the Peace should be enclosed.  Where original diplomas/ certificates are sent, they will be returned after perusal, but no responsibility can be accepted for loss or damage of such originals).

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