TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Amends Debenture Trustees Regulations: New Networth Definition, Trustee Responsibilities, and Conflict of Interest Rules.</h1> The Securities and Exchange Board of India (SEBI) issued an amendment to the Debenture Trustees Regulations, 1993, effective upon publication. Key changes include defining 'networth' and empowering SEBI to issue clarifications. Regulation 6 now requires debenture trustees to employ a legally qualified person and meet capital adequacy requirements of at least one crore rupees. Regulation 13A prohibits trustees from acting if they are associates or lenders to the issuing body corporate. Additional amendments detail trustee responsibilities, networth maintenance, and compliance reporting. The trust deed must include specific provisions regarding rights, obligations, and procedures related to debenture issues.
TaxTMI 
TaxTMI 
