https://www.taxtmi.com/notifications?id=134294 Trust deeds must include statutory content per the Companies Act and Form SH.12 and be divided into Part A (statutory/standard information) and Part B (issue specific details). Debenture trustees must ensure implementation of conditions for creation of security, maintenance of debenture redemption reserve and recovery expense fund, perform quarterly due diligence and monitor asset cover for receivables secured listed debt, obtain half yearly statutory auditor certificates, treat breaches of covenants as reporting triggers, and conduct independent due diligence before creating charges or obtaining existing charge holder consent; trustees may enter RBI framework inter creditor agreements with holder approval. en-us Thu, 08 Oct 2020 00:00:00 +0530 Fri, 09 Oct 2020 17:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=134294 Trust deeds must include statutory content per the Companies Act and Form SH.12 and be divided into Part A (statutory/standard information) and Part B (issue specific details). Debenture trustees must ensure implementation of conditions for creation of security, maintenance of debenture redemption reserve and recovery expense fund, perform quarterly due diligence and monitor asset cover for receivables secured listed debt, obtain half yearly statutory auditor certificates, treat breaches of covenants as reporting triggers, and conduct independent due diligence before creating charges or obtaining existing charge holder consent; trustees may enter RBI framework inter creditor agreements with holder approval. Notifications SEBI Thu, 08 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=134294