Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Releases New Operational Circular for Debenture Trustees, Streamlines Disclosure and Procedural Requirements Effective April 1, 2023.</h1> The Securities and Exchange Board of India (SEBI) issued an operational circular for Debenture Trustees, consolidating all applicable circulars to streamline procedural and disclosure requirements. This circular supersedes previous ones listed in Annex-1, effective April 1, 2023. Debenture Trustees must comply with the new conditions and ensure necessary systems are in place. The circular covers registration, digital payment, change in control, and business transfer procedures. It also outlines due diligence requirements, security and covenant monitoring, recovery expense fund creation, and security cover certification. The circular aims to protect investors and regulate the securities market efficiently.