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Rule 11
Refund of security deposit and release of bank guarantee

(1) If a license is canceled according to section 13 of the Act, the licensee shall submit an application to the department to get back the security deposit or to release the bank guarantee.
(2) When making an application in accordance with sub-rule (1), it is necessary to disclose any outstanding debts.
(3) If an application is received in accordance with sub-rule (1), the license obtained by such licensee shall be canceled and the licensee shall be required to return the bond amount or release the bank guarantee, if such licensee has not received any service fee or any amount from anyone for employment. A notice should be published or broadcast in at least two national level dailies and through other media as required, giving a deadline of thirty five days to claim such service fee or money back with evidence.
(4) If it is proved that the licensee has not taken money for foreign employment and has not sent it to foreign employment, the department shall order the licensee to return such amount to the concerned person within fifteen days.
(5) If the licensee does not return the amount according to the order according to sub-rule (4), the department shall deduct the amount from the bond amount or the amount of the bank guarantee and pay the amount to the person who comes to claim according to sub-rule (4).
(6) If no claim is made within the time limit of the notice published or disseminated as per sub-rule (3) or if the licensee returns such amount within the time limit mentioned in sub-rule (4) after making a claim, the department shall return the remaining bond amount or release the bank guarantee.
(7) If the amount of the licensee's bond or bank guarantee is not enough to get the money back, the amount that is not enough should be paid by the operator according to the prevailing law.
(8) According to sub-rule (2), the expenses incurred while publishing or broadcasting the information shall be deducted from the amount of bond or bank guarantee of the concerned licensee.