Record retention duties require debenture trustees to preserve trustee books for the prescribed period and notify the regulator of location. Debenture trustees must keep proper books of account, records and documents relating to trusteeship functions for not less than five financial years from ... Summary
Record retention duties require debenture trustees to preserve trustee books for the prescribed period and notify the regulator of location.
Debenture trustees must keep proper books of account, records and documents relating to trusteeship functions for not less than five financial years from the date of redemption of debentures, subject to any other law, and must intimate to the Board the place where such books, records and documents are maintained.
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