How to renew Intermediary Registration in SECP?

Regulations 6 explain the procedures for renewal of license of Intermediary in Securities Exchange Commission of Pakistan.

(1) A registered intermediary shall, one month prior to the date of expiry of its registration, apply to the Commission as per Annexure III for renewal of registration along with a non-refundable fee as specified in Schedule I.
(2) The Commission upon being satisfied, after making such inquiry and obtaining such further information as it may consider necessary that the applicant is eligible for renewal of registration may grant a certificate of renewal of registration to the applicant as per Annexure IV subject to such additional conditions as it may deem fit to impose:
Provided that till such time the registration is renewed, the existing registration shall be deemed valid for the purposes of these Regulations unless the registered intermediary failed to apply as specified in sub-regulation (1) above and fulfill all the requirements to the satisfaction of the Commission for the renewal of registration.

Provided further that if the registered intermediary fails to apply within the specified time period and fails to fulfill all the requirements to the satisfaction of the Commission, its registration shall stand cancelled in accordance with regulation 8 and Commission may initiate further proceedings to give effect to cancellation.