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Electronic Transaction Rules 2064 ( 2007)
Section 21. Certifying Authority may stop the Business: Any certifying Authority may, by fulfilling the following procedures, stop the business relating to certification:
(a) By giving a written notice to the Controller prior to at least Ninety days from the date on which the business relating to certification is intended to stop or the time-limit of a licence of the Certifying Authority is expired;
(b) By publishing, prior to at least Sixty days from the date on which the business is intended to stop after giving a notice under Clause (a), a public notice thereof in the national-level daily newspaper;
(c) By giving a notice that the business is going to be stopped by it prior to at least Sixty days of the stopping of the business to all the subscribers operated under it and other Certifying Authorities of which the arrangement of certification of digital signature has mutually been made.
(d) By dispatching the notices under Clauses (a), (b) and (c) through email with digital signature or by registry from the post;
(e) By revoking all the digital signatures issued by it whether or not there is a request made by any subscriber within the date specified by it to stop the business;
(f) By making arrangement for stopping the business without causing, to the extent possible, inconvenience to the subscribers;
(g) By making an arrangement to secure the documents, records relating to the acts or transactions carried out by it or the digital signature certificate issued by it for a period up to seven years from the date on which the business is stopped;
(h) By making an arrangement for providing compensation of an amount equivalent to the fees to be charged to obtained a new certificate to the subscribers of digital signature certificate issued after specifying a duration which may remain valid even after the date on which it may stop the business;
(i) By giving the Controller, after deleting a private key by the Certifying Authority, the information of time and date of the deletion after the expiry of duration of validity of subscriber’s certificate.