Chapter IV - OBLIGATIONS OF A LISTED ENTITY WHICH HAS LISTED ITS SPECIFIED SECURITIES AND NON-CONVERTIBLE DEBT SECURITIES (From Regulation 15 to Regulation 48)
Chapter VA - CORPORATE GOVERNANCE NORMS FOR A LISTED ENTITY WHICH HAS LISTED ITS NONCONVERTIBLE DEBT SECURITIES (From Regulation 62B to Regulation 62Q)
Chapter VI - OBLIGATIONS OF LISTED ENTITY WHICH HAS LISTED ITS SPECIFIED SECURITIES AND EITHER NON-CONVERTIBLE DEBT SECURITIES OR NON-CONVERTBLE REDEEMABLE PREFERENCE SHARES OR BOTH (From Regulation 63 to Regulation 64)
Chapter VIA - FRAMEWORK FOR VOLUNTARY DELISTING OF NON-CONVERTIBLE DEBT SECURITIES OR NON-CONVERTBLE REDEEMABLE PREFERENCE SHARES AND OBLIGATIONS OF THE LISTED ENTITY ON SUCH DELISTING (From Regulation 64A to Regulation 64I)
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Chapter VA CORPORATE GOVERNANCE NORMS FOR A LISTED ENTITY WHICH HAS LISTED ITS NONCONVERTIBLE DEBT SECURITIES
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Related party transactions by high value debt issuers require debenture trustee and debenture holder no objection before shareholder approval. Regulation 62K requires HVDLEs to obtain a prior No Objection Certificate from the Debenture Trustee for all material related party transactions and material modifications; the Debenture Trustee must in turn obtain NOC from non related debenture holders holding more than fifty percent by value via voting including e voting. After debenture holder approval, shareholder approval by resolution is required; if the Debenture Trustee withholds NOC the matter cannot proceed. The regulation applies to transactions on or after April 1, 2025, with specified exemptions and disclosure obligations to stock exchanges and on the HVDLE's website.
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.
Related party transactions by high value debt issuers require debenture trustee and debenture holder no objection before shareholder approval.
Regulation 62K requires HVDLEs to obtain a prior No Objection Certificate from the Debenture Trustee for all material related party transactions and material modifications; the Debenture Trustee must in turn obtain NOC from non related debenture holders holding more than fifty percent by value via voting including e voting. After debenture holder approval, shareholder approval by resolution is required; if the Debenture Trustee withholds NOC the matter cannot proceed. The regulation applies to transactions on or after April 1, 2025, with specified exemptions and disclosure obligations to stock exchanges and on the HVDLE's website.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI OCR ✕
of 
TaxTMI 
TaxTMI 
