https://www.taxtmi.com/acts?id=12422 Section 117B mandates appointment and disclosure of consent of debenture trustees before issuing a debenture offer, disqualifies specified interested persons from appointment, and assigns trustees the duty to protect debenture holders by ensuring asset sufficiency, consistency of the prospectus with the trust deed, remedying breaches of covenants, calling holders' meetings, and petitioning the Central Government to impose restrictions on further liabilities where assets are or will become insufficient. en-us Mon, 09 May 2011 12:33:21 +0530 Mon, 09 May 2011 12:33:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12422 Section 117B mandates appointment and disclosure of consent of debenture trustees before issuing a debenture offer, disqualifies specified interested persons from appointment, and assigns trustees the duty to protect debenture holders by ensuring asset sufficiency, consistency of the prospectus with the trust deed, remedying breaches of covenants, calling holders' meetings, and petitioning the Central Government to impose restrictions on further liabilities where assets are or will become insufficient. Act-Rules Companies Law Mon, 09 May 2011 12:33:21 +0530 https://www.taxtmi.com/acts?id=12422