Zero coupon bond compliance: mandatory accountant certificate detailing issuer, investment allocation, dates, and sinking fund. An independent accountant must certify investments made from funds raised by issuance of Zero Coupon Bond, providing issuer identification, bond notification and issue dates, amount realized, and detailed year-wise investment allocations into specified investees with their PAN, addresses, business and project commencement dates. The certificate must include the accountant's signature, registration and UDIN details. For infrastructure debt funds the accountant must additionally certify maintenance of a sinking fund invested in government securities.
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Zero coupon bond compliance: mandatory accountant certificate detailing issuer, investment allocation, dates, and sinking fund.
An independent accountant must certify investments made from funds raised by issuance of Zero Coupon Bond, providing issuer identification, bond notification and issue dates, amount realized, and detailed year-wise investment allocations into specified investees with their PAN, addresses, business and project commencement dates. The certificate must include the accountant's signature, registration and UDIN details. For infrastructure debt funds the accountant must additionally certify maintenance of a sinking fund invested in government securities.
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