Debenture trustee information obligations: trustees must furnish specified records and details to the Board on demand under regulation. Regulation 18 requires debenture trustees to furnish to the Board, on request, specified information and documents including the number and nature of debenture holder grievances received and resolved; copies of the trust deed; details of non payment or delayed payment of interest for each debenture issue; particulars of dispatch and transfer of debenture certificates with dates and mode; and any other document relevant to the trustee. Where information is called for under sub regulation (1), it is the duty of the debenture trustees to furnish it.
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.
Debenture trustee information obligations: trustees must furnish specified records and details to the Board on demand under regulation.
Regulation 18 requires debenture trustees to furnish to the Board, on request, specified information and documents including the number and nature of debenture holder grievances received and resolved; copies of the trust deed; details of non payment or delayed payment of interest for each debenture issue; particulars of dispatch and transfer of debenture certificates with dates and mode; and any other document relevant to the trustee. Where information is called for under sub regulation (1), it is the duty of the debenture trustees to furnish it.
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