Debenture disclosure required: issuers, trustees and exchanges must publicly announce defaults, charge failures and rating revisions. Debenture trustees and issuing companies must publicly disclose debenture-related information by press release and website publication for defaults in interest or redemption, failure to create a charge, and rating revisions; all debenture reports and compliance filings must be posted on issuer and trustee websites and submitted to stock exchanges for dissemination, in addition to existing regulatory and listing-agreement requirements.
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 disclosure required: issuers, trustees and exchanges must publicly announce defaults, charge failures and rating revisions.
Debenture trustees and issuing companies must publicly disclose debenture-related information by press release and website publication for defaults in interest or redemption, failure to create a charge, and rating revisions; all debenture reports and compliance filings must be posted on issuer and trustee websites and submitted to stock exchanges for dissemination, in addition to existing regulatory and listing-agreement requirements.
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