Debenture trustee rules expanded to include private placements of listed-company debentures, extending trustee oversight after Gazette publication. The 2004 amendment to the Debenture Trustee Rules inserts into rule 2(e) an express provision bringing private placements of debentures made by a listed company, which are proposed to be listed, within the scope of the debenture trustee regulatory framework, thereby extending trustee obligations and oversight to such placements; the amendment takes effect upon publication in the Official Gazette.
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 rules expanded to include private placements of listed-company debentures, extending trustee oversight after Gazette publication.
The 2004 amendment to the Debenture Trustee Rules inserts into rule 2(e) an express provision bringing private placements of debentures made by a listed company, which are proposed to be listed, within the scope of the debenture trustee regulatory framework, thereby extending trustee obligations and oversight to such placements; the amendment takes effect upon publication in the Official Gazette.
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