https://www.taxtmi.com/acts?id=55059 Every bullion exchange and bullion clearing corporation must maintain a minimum net worth of USD 10 million at all times, subject to a higher requirement that may be imposed as a risk-management measure based on the nature and scale of business. Profit distributions to shareholders are prohibited until the prescribed net worth is achieved. An audited annual net worth certificate issued by the statutory auditor must be submitted for the preceding financial year by 30 September. en-us Sat, 12 Sep 2026 13:37:24 +0530 Sat, 12 Sep 2026 13:37:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=55059 Every bullion exchange and bullion clearing corporation must maintain a minimum net worth of USD 10 million at all times, subject to a higher requirement that may be imposed as a risk-management measure based on the nature and scale of business. Profit distributions to shareholders are prohibited until the prescribed net worth is achieved. An audited annual net worth certificate issued by the statutory auditor must be submitted for the preceding financial year by 30 September. Act-Rules Indian Laws Sat, 12 Sep 2026 13:37:24 +0530 https://www.taxtmi.com/acts?id=55059