Zero Coupon Zero Principal instruments: not for profit social enterprises may issue and list them for specific eligible projects. A Not for Profit Organization registered with a Social Stock Exchange may issue and list Zero Coupon Zero Principal Instruments only to raise funds for a specific project or activity with a completion duration specified in the fund raising document, and the project or activity must fall within the list of eligible activities prescribed under the Social Stock Exchange regulations.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Zero Coupon Zero Principal instruments: not for profit social enterprises may issue and list them for specific eligible projects.
A Not for Profit Organization registered with a Social Stock Exchange may issue and list Zero Coupon Zero Principal Instruments only to raise funds for a specific project or activity with a completion duration specified in the fund raising document, and the project or activity must fall within the list of eligible activities prescribed under the Social Stock Exchange regulations.
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