https://www.taxtmi.com/acts?id=55103 Regulation 61 requires bullion exchanges, bullion clearing corporations, bullion depositories and vault managers to ensure that their shareholders, directors and key management personnel remain fit and proper at all times. Fitness depends on fairness, integrity, financial integrity, reputation, character and honesty. Disqualifications include relevant criminal convictions, winding-up or insolvency, regulatory restraints or adverse bullion-market orders within prescribed periods, pending recovery proceedings, unsoundness of mind, financial unsoundness, wilful default, fugitive economic offender status, and further disqualifications specified by the Authority. en-us Sat, 12 Sep 2026 13:48:38 +0530 Sat, 12 Sep 2026 13:48:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=55103 Regulation 61 requires bullion exchanges, bullion clearing corporations, bullion depositories and vault managers to ensure that their shareholders, directors and key management personnel remain fit and proper at all times. Fitness depends on fairness, integrity, financial integrity, reputation, character and honesty. Disqualifications include relevant criminal convictions, winding-up or insolvency, regulatory restraints or adverse bullion-market orders within prescribed periods, pending recovery proceedings, unsoundness of mind, financial unsoundness, wilful default, fugitive economic offender status, and further disqualifications specified by the Authority. Act-Rules Indian Laws Sat, 12 Sep 2026 13:48:38 +0530 https://www.taxtmi.com/acts?id=55103