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<h1>Permanent registration for debenture trustees requires timely application, fee payment, declarations, and Board decision within set period.</h1> A debenture trustee with initial registration could apply for permanent registration within the period before expiry by submitting the prescribed form, a non refundable application fee, details of any changes to earlier filings and a declaration; the Board would process the application as if it were a fresh initial registration, decide within the prescribed period after receipt of all information, and, if satisfied of eligibility, grant and notify a certificate of permanent registration subject to payment of the prescribed fees.