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Section 33: Surrender of licence
Surrender of licence.–(1) Every Certifying Authority whose licence is suspended or revoked shall immediately after such suspension or revocation, surrender the licence to the Controller.
- (2) Where any Certifying Authority fails to surrender a licence under sub-section (1), the person in whose favour a licence is issued, shall be guilty of an offence and shall be [liable to penalty which may extend to five lakh rupees].
Source: official text of The Information Technology Act, 2000 as published on India Code (PDF). All sections of the Information Technology Act, 2000.