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    <title>Debenture Trustee not to act for an associate</title>
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    <description>Regulation 13A bars appointment of a debenture trustee when the trustee&#039;s relationship with the issuer creates a conflict of interest, including being an associate, holding issuer shares, occupying promoter/director/ key managerial or employee roles in the issuer or related entities, being entitled to issuer moneys (other than trustee remuneration), indebtedness to the issuer or related entities, guaranteeing secured debt, having prescribed pecuniary relationships, or being a relative of promoters or key personnel; government-guaranteed issues and limited transitional situations are carved out.</description>
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      <title>Debenture Trustee not to act for an associate</title>
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      <pubDate>Tue, 22 Jan 2019 11:39:50 +0530</pubDate>
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