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    <title>AIF investor accreditation delays scheme corpus counting; managers may sign contribution agreements, accept funds only after certificate issued</title>
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    <description>SEBI permits an AIF investment manager, pending receipt of an accreditation certificate, to execute the contribution agreement and commence related operational processes based on its assessment of an investor&#039;s eligibility, but the investor&#039;s commitment must be excluded from scheme corpus calculations until accreditation is obtained and the scheme may accept funds only after the accreditation certificate is issued, preserving corpus-based prudential norms. For net-worth based accreditation, the requirement to submit a detailed net-worth break-up as an annexure to the net-worth certificate is removed, and it is clarified that a chartered accountant may certify satisfaction of the prescribed threshold without stating the actual net worth, red.....</description>
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    <pubDate>Mon, 12 Jan 2026 19:05:57 +0530</pubDate>
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