https://www.taxtmi.com/acts?id=36033 Eligibility to act as a market intermediary requires being a fit and proper person, assessed by criteria including financial integrity, absence of convictions, competence, reputation, efficiency and honesty, and absence of statutory disqualifications. Specific disqualifications include convictions for moral turpitude or securities offences, winding up, undischarged insolvency, regulatory restraints or cancellations for market misconduct, withdrawal or refusal of market-related licenses, and financial unsoundness; certain orders impose prescribed ineligibility periods subject to Board discretion. Definitions specify who constitutes a whole time director and require consideration of capital adequacy or net worth when assessing financial soundness. en-us Thu, 21 Feb 2019 17:18:36 +0530 Thu, 21 Feb 2019 17:18:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=36033 Eligibility to act as a market intermediary requires being a fit and proper person, assessed by criteria including financial integrity, absence of convictions, competence, reputation, efficiency and honesty, and absence of statutory disqualifications. Specific disqualifications include convictions for moral turpitude or securities offences, winding up, undischarged insolvency, regulatory restraints or cancellations for market misconduct, withdrawal or refusal of market-related licenses, and financial unsoundness; certain orders impose prescribed ineligibility periods subject to Board discretion. Definitions specify who constitutes a whole time director and require consideration of capital adequacy or net worth when assessing financial soundness. Act-Rules SEBI Thu, 21 Feb 2019 17:18:36 +0530 https://www.taxtmi.com/acts?id=36033