https://www.taxtmi.com/circulars?id=62042 Offer documents must identify assets subject to security and state charge ranking, disclose risks of second or subordinated charges, specify the required security/asset cover and its valuation basis and periodicity, obtain and submit relevant consents to the debenture trustee before opening the issue, and place issue proceeds in escrow until security documents are executed. The guidelines also permit issuance of unsecured/subordinated debt not constituting public deposits, provided subscription is limited to Qualified Institutional Buyers or investors who have given positive consent. en-us Wed, 06 Sep 2000 00:00:00 +0530 Sat, 03 Aug 2019 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=62042 Offer documents must identify assets subject to security and state charge ranking, disclose risks of second or subordinated charges, specify the required security/asset cover and its valuation basis and periodicity, obtain and submit relevant consents to the debenture trustee before opening the issue, and place issue proceeds in escrow until security documents are executed. The guidelines also permit issuance of unsecured/subordinated debt not constituting public deposits, provided subscription is limited to Qualified Institutional Buyers or investors who have given positive consent. Circulars SEBI Wed, 06 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62042