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<h1>Regulation 7 of SEBI Debenture Trustees Regulations: Eligibility Criteria for Debenture Trustees Updated with Companies Act, 2013.</h1> Regulation 7 of the Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993, outlines the eligibility criteria for acting as a debenture trustee. Eligible entities include a scheduled bank engaged in commercial activities, a public financial institution as defined under the Companies Act, 2013, an insurance company, or a body corporate as defined in the Companies Act, 2013. This regulation was amended in 2017 to update the references to the Companies Act, replacing the previous criteria from the Companies Act, 1956.