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<h1>Debenture Trustee Due Diligence Certificate Format for Municipal Debt Securities Issuance Updated by SEBI Regulations 2019.</h1> The format for a due diligence certificate that a debenture trustee must provide before the issuance of municipal debt securities, as per the Securities and Exchange Board of India (SEBI) regulations. The trustee confirms having examined relevant documents and engaged in discussions with the issuer's officials. The trustee verifies that the issuer has made adequate provisions for an escrow payment mechanism for debt repayment and is capable of servicing the debt securities. The format requires the trustee's signature and official seal, with specific details on the place and date of issuance. The provisions were updated in 2019.