Section 8: Capital adequacy, credit worthiness norms to be maintained

The Himachal Pradesh Electricity Regulatory Commission (General Conditions of Trading Licence) Regulations, 2004State Regulations of Himachal Pradesh · 2003

(1) The trading licensee shall duly comply with the regulations, guidelines, directions and orders the Commission may issue from time to time in regard to the technical and financial parameters and norms to be maintained at all times by the trading licensee. These shall include the technical requirements, capital adequacy and credit worthiness for being a electricity trader, as may be specified by the Commission under section 52 of the Act.

(2) The non-maintenance of the technical and financial parameters as per subregulation (1) shall amount to a material breach of the obligations of the trading licensee.

Where this provision sits

Act	The Himachal Pradesh Electricity Regulatory Commission (General Conditions of Trading Licence) Regulations, 2004
Section	8
Marginal note	Capital adequacy, credit worthiness norms to be maintained
Jurisdiction	State of Himachal Pradesh
Status	In force as published by the source

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