Section 12(3) in Insurance Regulatory and Development Authority of India (Registration of Corporate Agents) Regulations, 2015
(3)Any applicant aggrieved by the decision of the Authority may make an appeal to Securities Appellate Tribunal, as per the procedure prescribed for such an appeal, within a period of forty-five days from the date on which a copy of the order made by the Authority under sub-regulation (2) above is received by it.
