<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Capital / Net-worth Requirement</title>
    <link>https://www.taxtmi.com/acts?id=55390</link>
    <description>Insurance intermediaries seeking registration must maintain prescribed minimum paid-up capital and net worth. Capital or contributions must remain unpledged and unencumbered, while investments by promoters, shareholders, partners or members must come from owned funds and not borrowings or loans. An IIIO must immediately restore any net-worth shortfall and report compliance. Paid-up capital and net-worth certification by the statutory auditor, Chartered Accountant or Practising Company Secretary must be submitted half yearly.</description>
    <language>en-us</language>
    <pubDate>Wed, 16 Sep 2026 15:33:09 +0530</pubDate>
    <lastBuildDate>Wed, 16 Sep 2026 16:18:06 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=923577" rel="self" type="application/rss+xml"/>
    <item>
      <title>Capital / Net-worth Requirement</title>
      <link>https://www.taxtmi.com/acts?id=55390</link>
      <description>Insurance intermediaries seeking registration must maintain prescribed minimum paid-up capital and net worth. Capital or contributions must remain unpledged and unencumbered, while investments by promoters, shareholders, partners or members must come from owned funds and not borrowings or loans. An IIIO must immediately restore any net-worth shortfall and report compliance. Paid-up capital and net-worth certification by the statutory auditor, Chartered Accountant or Practising Company Secretary must be submitted half yearly.</description>
      <category>Act-Rules</category>
      <law>Indian Laws</law>
      <pubDate>Wed, 16 Sep 2026 15:33:09 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=55390</guid>
    </item>
  </channel>
</rss>