https://www.taxtmi.com/acts?id=35369 Regulation 15 mandates that debenture trustees perform continuous due diligence and monitoring of issuers to ensure offer documents, trust deed covenants and security creation are consistent and not prejudicial to debenture holders; obtain periodic reports and auditor certificates; promptly notify holders and the Board of defaults or breaches and take remedial measures including convening meetings and appointing nominee directors; ensure dispatch/demat of certificates and timely payments; enforce and take possession of security when required; maintain specified net worth and follow Board-prescribed procedures for charges and inter-creditor agreements. en-us Tue, 22 Jan 2019 11:47:43 +0530 Wed, 29 Oct 2025 12:08:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35369 Regulation 15 mandates that debenture trustees perform continuous due diligence and monitoring of issuers to ensure offer documents, trust deed covenants and security creation are consistent and not prejudicial to debenture holders; obtain periodic reports and auditor certificates; promptly notify holders and the Board of defaults or breaches and take remedial measures including convening meetings and appointing nominee directors; ensure dispatch/demat of certificates and timely payments; enforce and take possession of security when required; maintain specified net worth and follow Board-prescribed procedures for charges and inter-creditor agreements. Act-Rules SEBI Tue, 22 Jan 2019 11:47:43 +0530 https://www.taxtmi.com/acts?id=35369