https://www.taxtmi.com/circulars?id=58747 SEBI amended registration and renewal requirements for Portfolio Managers to require disclosure of proposed services and submission of a draft client agreement, and prescribed a revised networth statement format listing paid up equity capital; free reserves (excluding revaluation reserves); accumulated losses; deferred expenditure not written off (including miscellaneous expenses); deductions for minimum capital adequacy/networth requirements for other SEBI-regulated activities; and the resulting Networth. en-us Fri, 31 Jul 2009 00:00:00 +0530 Tue, 03 Feb 2026 14:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58747 SEBI amended registration and renewal requirements for Portfolio Managers to require disclosure of proposed services and submission of a draft client agreement, and prescribed a revised networth statement format listing paid up equity capital; free reserves (excluding revaluation reserves); accumulated losses; deferred expenditure not written off (including miscellaneous expenses); deductions for minimum capital adequacy/networth requirements for other SEBI-regulated activities; and the resulting Networth. Circulars SEBI Fri, 31 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58747