Chapter IIIPUBLIC ISSUE AND LISTING OF DEBT SECURITIES AND NON CONVERTIBLE REDEEMABLE PREFERENCE SHARES
Part APROVISIONS APPLICABLE TO PUBLIC ISSUE AND LISTING OF DEBT SECURITIES AND NON CONVERTIBLE REDEEMABLE PREFERENCE SHARES (From Regulation 25 to Regulation 38 )
Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021 Chapter II GENERAL CONDITIONS AND ELIGIBILITY CRITERIA
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Debenture trustee powers include appointment of nominee director and supervision of security creation and monitoring of security cover. Debenture trustees must have powers to protect debt security holders, including a right to appoint a nominee director in consultation with holders; ... Summary
Debenture trustee powers include appointment of nominee director and supervision of security creation and monitoring of security cover.
Debenture trustees must have powers to protect debt security holders, including a right to appoint a nominee director in consultation with holders; supervise creation of security, establishment of a recovery expense fund and a debenture redemption reserve where applicable; and monitor security cover for secured debt securities as specified by the Board.
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