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          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

          Provisions expressly mentioned in the judgment/order text.

          <h1>Conditions of registration for credit rating agencies require compliance, disclosure of material changes, and prior approval for change in control.</h1> Registration of a credit rating agency is conditional on continued compliance with applicable law and Board guidance; prompt written disclosure to the Board if information provided is materially false or has changed; and prior Board approval to continue after any proposed change in control. Registered agencies must meet prescribed minimum net worth and promoter shareholding requirements subject to transitional periods, and their activities are limited to rating securities listed or proposed for listing on a Board-recognized exchange, except as otherwise specified by the Board or under the purview of another financial sector regulator.

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