Debenture trustee rights to inspect accounts and demand documents, and to use recovery funds with holder consent. Regulation 15A authorises debenture trustees to inspect the issuer's books of account, records, registers and trust property as necessary to discharge obligations; to call for information and documents from the issuer and specified intermediaries; and, with debenture holders' consent, to utilise the Recovery Expense Fund in the manner specified by the Board.
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 rights to inspect accounts and demand documents, and to use recovery funds with holder consent.
Regulation 15A authorises debenture trustees to inspect the issuer's books of account, records, registers and trust property as necessary to discharge obligations; to call for information and documents from the issuer and specified intermediaries; and, with debenture holders' consent, to utilise the Recovery Expense Fund in the manner specified by the Board.
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