https://www.taxtmi.com/circulars?id=64380 Valuation agencies engaged by AMCs/AMFI may, where restructuring proposals are solely due to COVID-19 stress, refrain from recognising such restructuring or non-receipt of dues as default for valuation of money market and debt securities. Debenture Trustees, issuers and lenders must immediately communicate restructuring proposals to investors, valuation agencies, credit rating agencies and AMFI, which shall disseminate the information to members. Valuation must reflect changed terms, issuer stress and repayment capacity; if two agencies differ, the conservative valuation prevails. AMCs remain responsible for true and fair valuation under fair valuation principles and regulations. en-us Thu, 01 Oct 2020 00:00:00 +0530 Sat, 03 Oct 2020 13:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64380 Valuation agencies engaged by AMCs/AMFI may, where restructuring proposals are solely due to COVID-19 stress, refrain from recognising such restructuring or non-receipt of dues as default for valuation of money market and debt securities. Debenture Trustees, issuers and lenders must immediately communicate restructuring proposals to investors, valuation agencies, credit rating agencies and AMFI, which shall disseminate the information to members. Valuation must reflect changed terms, issuer stress and repayment capacity; if two agencies differ, the conservative valuation prevails. AMCs remain responsible for true and fair valuation under fair valuation principles and regulations. Circulars SEBI Thu, 01 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64380