TaxTMI Login
🎉 Festive Offer: Flat 15% off on all plans! →⚡ Don’t Miss Out: Limited-Time Offer →
TaxTMI 
Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Debenture Trustees Must Ensure Comprehensive Protection, Conduct Due Diligence, and Maintain Strict Ethical Standards Under Regulation 30</h1> Regulation 30 outlines specific obligations for debenture trustees in financial service centers. Trustees must enter an agreement with issuers before debenture subscription, avoid conflicts of interest, and ensure comprehensive protection of debenture holders' interests. Key responsibilities include monitoring fund utilization, reporting defaults, appointing nominee directors during defaults, enforcing security, verifying asset sufficiency, and maintaining transparency with regulatory authorities. Trustees must conduct independent due diligence, cannot relinquish assignments without replacement, and must adhere to strict procedural and ethical standards in managing debenture-related transactions.
TaxTMI 
