https://www.taxtmi.com/acts?id=39790 A pooled investment vehicle registered with SEBI may borrow and issue debt securities as prescribed by SEBI; it may grant security interests under its trust deed and facility documents. Upon default, the lender may recover amounts and enforce security against trust assets by proceeding against the trustee acting for the vehicle, with the trustee not personally liable and personal assets protected; remaining trust assets after recovery are remitted proportionately to unit holders. en-us Sat, 03 Apr 2021 12:38:15 +0530 Sat, 03 Apr 2021 12:38:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39790 A pooled investment vehicle registered with SEBI may borrow and issue debt securities as prescribed by SEBI; it may grant security interests under its trust deed and facility documents. Upon default, the lender may recover amounts and enforce security against trust assets by proceeding against the trustee acting for the vehicle, with the trustee not personally liable and personal assets protected; remaining trust assets after recovery are remitted proportionately to unit holders. Act-Rules SEBI Sat, 03 Apr 2021 12:38:15 +0530 https://www.taxtmi.com/acts?id=39790