TMI BlogEligibility criteriaX X X X Extracts X X X X X X X X Extracts X X X X ..... ve the minimum net worth of fifty crores rupees. Explanation ─ For the purposes of this regulation, the expression net worth shall have the same meaning as assigned to it under the Companies Act, 2013 . (c) The applicant shall furnish refundable Financial Security Deposit as may be specified by the Board. (d) The applicant shall have the infrastructure as specified by the Board for safe depo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ation of Electronic Gold Receipt; viii. Procedure for maintenance of record; ix. Procedure for periodic reconciliation of physical gold with the records maintained by it and with the records of the Depository; x. Grievance redressal procedures; xi. Maintenance of adequate infrastructure, office space, technology and computer systems capability; and xii. Any other criteria as may be specified by th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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