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Conditions of registration

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Full Text of the Document

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.... utility shall- (a) abide by the Code; (b) abide by its bye-laws; (c) at all times after the grant of the certificate continue to satisfy the requirements under Regulation 5(4); (d) pay a fee of ^2[one crore] rupees to the Board, within fifteen days of receipt of intimation of registration or renewal from the Board, as applicable; ^3[(e) pay to the Board, a fee calculated at t....

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....eld by such person, entitles him to hold more than five per cent, directly or indirectly, of the paid-up equity share capital or total voting power; (ii) a change of control; (iii) a merger, amalgamation or restructuring; (iv) sale, disposal, or acquisition of the whole, or substantially the whole, of its undertaking; (v) voluntary liquidation, dissolution, or a....

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....efore it was read as "(e) pay an annual fee of fifty lakh rupees to the Board, within fifteen days from the end of every year from the date of grant or renewal of the certificate of registration, as applicable;" 2. Substituted vide F. No. IBBI/2022-23/GN/REG/098 dated 20-09-2022 w.e.f. 01-10-2022 before it was read as, "fifty lakh" 3. Substituted vide F. No. ....