TMI BlogEligibility for registration.X X X X Extracts X X X X X X X X Extracts X X X X ..... ovide core services and other services under these Regulations, and discharge such functions as may be necessary for providing these services; (b) its shareholding and governance is in accordance with Chapter III; (c) its bye-laws are in accordance with Chapter IV; (d) it has a minimum net worth of fifty crore rupees; 1 [***] 1 [***] (g) the person itself, its promoters, it ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s has not elapsed from the date of expiry of the sentence, or (b) of seven years or more. (iii) absence of restraint order, in force, issued by a financial sector regulator or the Adjudicating Authority, and (iv) financial solvency. ******************** Notes:- 1. Omitted vide Notification No. IBBI/2017-18/GN/REG016. Dated 29-09-2017, before it was read as, (e) it ..... X X X X Extracts X X X X X X X X Extracts X X X X
|