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[Cites 0, Cited by 0] [Section 6] [Entire Act]

Union of India - Subsection

Section 6(3) in Insurance Regulatory and Development Authority of India (Third Party Administrators - Health Services) Regulations, 2016

(3)[ The net worth of a TPA shall at no time during the period of registration fall below rupees one crore.Explanation. - For the purposes of these regulations, "net worth" shall have the meaning assigned to it in the Companies Act, 2013 and as amended from time to time.] [Substituted by Notification F. No. IRDAI/Reg/15/166/2019, dated 3.12.2019 (w.e.f. 14.3.2016).]