Verify the accuracy of the following statutory prerequisites and bureaucratic mechanisms governing the acquisition of citizenship through naturalization:
1. The national Parliament is specifically tasked with reviewing and directly issuing certificates of naturalization to successful applicants.
2. A fundamental prerequisite for approval dictates that the candidate must formally and legally forfeit their allegiance to any other sovereign state.
3. A foreign national successfully qualifies for naturalization processing immediately upon establishing ordinary residency in India for five years.