Obligation to ensure compliance with Investor Charter requires debenture trustees to follow board-specified standards under securities regulations. Regulation 14C obliges the debenture trustee to ensure compliance with the Investor Charter as specified by the Board, requiring trustees to implement and adhere to investor-protection standards and to observe any Board-prescribed changes; the duty was inserted by a Board amendment to the Debenture Trustees Regulations, 1993.
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.
Obligation to ensure compliance with Investor Charter requires debenture trustees to follow board-specified standards under securities regulations.
Regulation 14C obliges the debenture trustee to ensure compliance with the Investor Charter as specified by the Board, requiring trustees to implement and adhere to investor-protection standards and to observe any Board-prescribed changes; the duty was inserted by a Board amendment to the Debenture Trustees Regulations, 1993.
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