Section 8(2) in Pension Fund Regulatory and Development Authority (Trustee Bank) Regulations, 2015
(2)Any application for grant of certificate may be rejected on any of the following grounds, namely: -(a)if the application is not complete in all respects and does not conform to the requirements specified in these regulations or any other selection criteria specified by the Authority on the date of inviting applications for grant of certificate of registration;(b)if the application is unaccompanied by the specified application fee or with relevant documents in support or the applicant fails to furnish such additional information as required by the Authority;(c)if the application contains incorrect, false or misleading information.
