Networth

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..... us free reserves (excluding reserves created out of revaluation) reduced by the aggregate value of accumulated losses, deferred expenditure not written off, including miscellaneous expenses not written off, and networth requirement for other services offered by the advisers in accordance with the applicable rules and regulations. (2) Investment advisers who are individuals shall have net tangible .....

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..... laneous expenses not written off, and capital adequacy requirement for other services offered by the advisers in accordance with the applicable rules and regulations. (2) Investment advisers who are individuals or partnership firms shall have net tangible assets of value not less than rupees one lakh: Provided that existing investment advisers shall comply with the capital adequacy requirement wit .....

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