If No what is the risk involved:
1. You have no control on the domain and cannot exit this vendor.
2. High risk of exorbitant renewal under tag of Maintenance.
3. In the case of unforeseen event, you may lose your domain which will affect your mail & reprographics.
How to solve this:
1. Ensure you are the registrant and all your details are correct. You may do so by verifying on http://shenoyinfotech.in/domain-registration/domain-whois-lookup.php