https://www.taxtmi.com/circulars?id=69109 SEBI permits investment managers to execute contribution agreements and start operational procedures pending accreditation, provided such commitments are excluded from scheme corpus until accreditation certificate is obtained and funds are received only after certification. The circular abolishes the requirement for a detailed net worth break up annexure and makes it optional for the chartered accountant to state the actual net worth while certifying threshold compliance; net worth certificates must be current within six months. Compliance Test Reports must record adherence to these provisions. en-us Fri, 09 Jan 2026 00:00:00 +0530 Sat, 10 Jan 2026 11:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=69109 SEBI permits investment managers to execute contribution agreements and start operational procedures pending accreditation, provided such commitments are excluded from scheme corpus until accreditation certificate is obtained and funds are received only after certification. The circular abolishes the requirement for a detailed net worth break up annexure and makes it optional for the chartered accountant to state the actual net worth while certifying threshold compliance; net worth certificates must be current within six months. Compliance Test Reports must record adherence to these provisions. Circulars SEBI Fri, 09 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/circulars?id=69109