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        SEBI

        Para 15 - General requirements

        SEBI (International Financial Services Centres) Guidelines, 2015
        Chapter V
        ISSUE OF DEBT SECURITIES

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        Appointment of trustee and debenture redemption reserve required for IFSC debt issuances as specified by the Board. Issuance of debt securities in the IFSC framework requires appointment of a trustee and maintenance of a debenture redemption reserve, with the Board specifying the particulars and any additional requirements from time to time.
                          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.

                                Appointment of trustee and debenture redemption reserve required for IFSC debt issuances as specified by the Board.

                                Issuance of debt securities in the IFSC framework requires appointment of a trustee and maintenance of a debenture redemption reserve, with the Board specifying the particulars and any additional requirements from time to time.


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