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Revoked - Action taken for cause.
Withdrawn - Requested by holder
Suspended - Administrative reasons (fees due, Fauna fines etc.).
The reason for the change of the certification could be boldly noted and in the case of revocation perhaps a link to the appropriate BOI thread.
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Excellent suggestion!
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Not sure I am up to the task for a "thoughtfully crafted policy and procedure", however........
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: Seriously, I think that reinstatement should be an option if it appears that criteria can be met. I would think that one of the criteria should be resolution of whichever situation(s) caused the revocation in the first place. That would keep the perpetual scammers that are constantly turning over a new leaf** (and starting a new business) away.
**Not to mention names, but a certain person with the initial S.T. comes to mind.