Submission of inspection report requires inspecting authority to forward report to the Board promptly under debenture trustees regulations. The inspecting authority is obliged to prepare and submit an inspection report to the Board "as soon as may be possible," creating a prompt reporting duty ... Summary
Submission of inspection report requires inspecting authority to forward report to the Board promptly under debenture trustees regulations.
The inspecting authority is obliged to prepare and submit an inspection report to the Board "as soon as may be possible," creating a prompt reporting duty under the Debenture Trustees regulatory framework, with timing governed by a promptness standard rather than a fixed deadline.
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