It looks like a skid plate bracket from a bike that suffered skid plate damage. You could remove it....BUT.....most of the brackets I have seen, come with longer bolts to replace the stock ones. If you pull the bracket and reuse the longer bolts, they may mess up threads in the frame or bottom out into something.
1) I would find somebody with your bike and check the original bolts versus your bolts for length. Then trim the bolts down to the correct length if necessary.
2) You could buy new bolts from Suzuki
"If its not broke yet, it can still be fixed"