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          <h1>Regulation 5 requires complete applications for debenture trustee registration; applicants can rectify issues before rejection.</h1> Regulation 5 of the Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993, mandates that any application for registration as a debenture trustee must be complete and adhere to specified instructions. Incomplete applications will be rejected. However, applicants are given an opportunity to address and rectify any objections identified by the Board within a specified timeframe before the application is officially rejected.

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