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A recognised market infrastructure institution shall submit an audited net worth certificate...

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.... yearly basis by the thirtieth day of September of every year for the preceding financial year, to the Authority. ^1[Explanation I- For the purposes of this regulation, 'net worth of a recognised stock exchange or recognised depository' means the aggregate value of paid up equity share capital plus free reserves (excluding statutory funds, benefit funds and reserves created out of revaluation) ....