https://www.taxtmi.com/acts?id=35960 Companies issuing convertible debt must obtain and disclose credit ratings from a registered agency, appoint debenture trustees and execute a trust deed, disclose and create security with stated ranking and asset cover, maintain a debenture redemption reserve as per the Companies Act, hold issue proceeds in escrow until security documents are executed, and follow prescribed roll-over and conversion procedures including debenture-holder resolutions, fresh ratings, trustee oversight and specified offer disclosures. en-us Wed, 06 Feb 2019 11:58:46 +0530 Wed, 06 Feb 2019 11:58:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35960 Companies issuing convertible debt must obtain and disclose credit ratings from a registered agency, appoint debenture trustees and execute a trust deed, disclose and create security with stated ranking and asset cover, maintain a debenture redemption reserve as per the Companies Act, hold issue proceeds in escrow until security documents are executed, and follow prescribed roll-over and conversion procedures including debenture-holder resolutions, fresh ratings, trustee oversight and specified offer disclosures. Act-Rules SEBI Wed, 06 Feb 2019 11:58:46 +0530 https://www.taxtmi.com/acts?id=35960