Creation of security and debenture trustee due diligence requirements: implementation timeline extended to ease compliance obligations. SEBI has deferred the effective date for compliance with the requirements on creation of security for listed debt issuances and the due diligence obligations of debenture trustees, in response to representations from debenture trustees and operational challenges due to the COVID 19 pandemic; the extension applies to issuers proposing listed debt, recognized stock exchanges and registered debenture trustees and is issued under SEBI's regulatory powers to protect investors and regulate the securities market.
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.
Creation of security and debenture trustee due diligence requirements: implementation timeline extended to ease compliance obligations.
SEBI has deferred the effective date for compliance with the requirements on creation of security for listed debt issuances and the due diligence obligations of debenture trustees, in response to representations from debenture trustees and operational challenges due to the COVID 19 pandemic; the extension applies to issuers proposing listed debt, recognized stock exchanges and registered debenture trustees and is issued under SEBI's regulatory powers to protect investors and regulate the securities market.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
