Zero coupon bond notification application requires applicant details, bond terms, project particulars, and investment undertakings for prescribed compliance. Application is prescribed for notification of a zero coupon bond and requires details of the eligible applicant, the proposed bond issue, and the investment project, including the applicant's particulars, bond terms, project information, source of investment, management structure, and year-wise deployment of funds. The declaration requires certification of the information furnished and an undertaking that the bond proceeds will be invested as prescribed. For an infrastructure debt fund, a further undertaking is required to maintain a sinking fund for accruing interest, with such interest invested in Government Securities.
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 bond notification application requires applicant details, bond terms, project particulars, and investment undertakings for prescribed compliance.
Application is prescribed for notification of a zero coupon bond and requires details of the eligible applicant, the proposed bond issue, and the investment project, including the applicant's particulars, bond terms, project information, source of investment, management structure, and year-wise deployment of funds. The declaration requires certification of the information furnished and an undertaking that the bond proceeds will be invested as prescribed. For an infrastructure debt fund, a further undertaking is required to maintain a sinking fund for accruing interest, with such interest invested in Government Securities.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.