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of <h1>Regulation 6A defines criteria for debenture trustees' fitness per SEBI guidelines, referencing Schedule II, Intermediaries Regulations 2008.</h1> Regulation 6A of the Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993, outlines the criteria for determining if an applicant or debenture trustee is considered a fit and proper person. The Securities and Exchange Board of India (SEBI) refers to the criteria specified in Schedule II of the Securities and Exchange Board of India (Intermediaries) Regulations, 2008, for this assessment. This regulation was amended effective May 26, 2008, replacing the earlier criteria from the 2004 regulations.
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