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IITL Management And Consultancy Private Limited (Formerly known as IIT Insurance Broking and Risk Management Private Limited) was in the business of Direct Insurance Broking (Life and Non –Life) . During the year 2019-20, IIT Insurance made an application to IRDAI for voluntary surrender of the broking license( Life and Non-life).
IRDAI granted its approval for voluntary surrender of Certificate of Registration and advised the Company to submit the copy of certificate issued by the Registrar of Companies (ROC) after making the required changes for deletion of main object of MOA and change in name of the company or to deregister with ROC.
Accordingly the company filed the requisite form with Registrar of Companies (ROC) for change in object clause & change of name. The company has received approval for change of object clause and change of name.