Had a word with Mr. Vashisht, asst director DTL DGCA,
He says that BE76 will not be endorsed anymore and no renewals will be done on it.
The reason he stated is very simple-- All the a/c which has C of A(certificate of airworthiness) issued and VALID can be endorsed.
The only BE76 available with bihar govt has an invalid C of A and hence no renewals can be done on it.
So that means if one fine day all senecas in india goes in drain then all the pilot with seneca issued Licenses will not be eligible of any renewal.