Registration eligibility for information utilities requires public company status and prescribed governance and fit and proper criteria. Eligibility to register as an information utility requires a public company whose sole object is providing core and related services, compliance of shareholding and governance with Chapter III, bye laws in accordance with Chapter IV, and meeting a prescribed minimum net worth. The company and specified associated persons must satisfy a fit and proper test considering integrity, absence of conviction subject to specific sentencing exceptions and cooling periods, absence of restraint orders by financial regulators or the Adjudicating Authority, and financial solvency.