Domain Name Renewal - As your domain name registration nears its expiry date, customers will receive an advice that it is time to renew your domain name. You must renew your domain name on its receipt.Though there are no penalties or cancellation fees for choosing not to renew a domain name.
FAQ: Why shall we not allow the lapsing of our domain name?
Ans: A domain name has a brand value that is grabbed by your competitors eagerly at no cost.