https://www.taxtmi.com/acts?id=38154 Net worth requirement prescribes a minimum threshold for registration of portfolio managers and allows transitional compliance for existing registrants; it must be met separately and independently of capital adequacy requirements, with an exemption for Co investment Portfolio Managers. Net worth is defined as paid up equity capital plus free reserves (excluding revaluation reserves) reduced by accumulated losses and deferred expenditure not written off, including miscellaneous unamortised expenses. en-us Tue, 21 Jan 2020 16:50:00 +0530 Wed, 07 Aug 2024 12:04:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38154 Net worth requirement prescribes a minimum threshold for registration of portfolio managers and allows transitional compliance for existing registrants; it must be met separately and independently of capital adequacy requirements, with an exemption for Co investment Portfolio Managers. Net worth is defined as paid up equity capital plus free reserves (excluding revaluation reserves) reduced by accumulated losses and deferred expenditure not written off, including miscellaneous unamortised expenses. Act-Rules SEBI Tue, 21 Jan 2020 16:50:00 +0530 https://www.taxtmi.com/acts?id=38154