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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>Capital adequacy requirement for registrars and share transfer agents sets minimum net worth and defines calculation.</h1> The Capital Adequacy Requirement requires applicants for registration as registrars to an issue and share transfer agents to hold a minimum networth, with specified thresholds for two applicant categories. A transitional clause obliges existing registrants to raise networth to the prescribed minimum within three years of the amendment. An exemption excludes a department or division of a body corporate performing certain activities from this requirement. 'Networth' is defined: for proprietors, firms or associations it is capital contributed plus free reserves; for bodies corporate it is paid up capital and free reserves as shown in the books at application time.

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