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        SEBI

        Regulation 7 - Eligibility for being debenture trustee

        Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993
        Chapter II
        REGISTRATION OF DEBENTURE TRUSTEES

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        Eligibility for debenture trustees: only specified institutional entities may be appointed as trustees under the regulation. No person may act as a debenture trustee unless it is a scheduled bank carrying on commercial activity; a public financial institution as defined for companies; an insurance company; or a body corporate as defined for companies.
                      Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                      Provisions expressly mentioned in the judgment/order text.

                          Eligibility for debenture trustees: only specified institutional entities may be appointed as trustees under the regulation.

                          No person may act as a debenture trustee unless it is a scheduled bank carrying on commercial activity; a public financial institution as defined for companies; an insurance company; or a body corporate as defined for companies.


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