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of <h1>SEBI Amends Debenture Trustees Regulations: Initial and Permanent Registrations Introduced, Effective July 5, 2011.</h1> The Securities and Exchange Board of India (SEBI) issued amendments to the Debenture Trustees Regulations, 1993, effective from July 5, 2011. The amendments introduce the concept of initial and permanent registration for debenture trustees. An initial registration certificate is valid for five years, after which trustees can apply for permanent registration. Existing trustees with less than three years of registration are deemed to have initial registration for five years. Fees for initial and permanent registration are specified, with procedures for application, renewal, and fee payment detailed in the regulations. Certain existing regulations are omitted or revised to accommodate these changes.
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