Net Worth defined as aggregate paid-up capital and qualifying reserves less specified deductions under companies law. Net Worth means the aggregate value of paid-up share capital plus reserves created out of profits, securities premium account and debit or credit balance of profit and loss account as per the audited balance sheet, after deducting accumulated losses, deferred expenditure and miscellaneous expenditure not written off; it excludes reserves from revaluation of assets, write-back of depreciation and amalgamation.