https://www.taxtmi.com/acts?id=40040 Regulation mandates execution of the trust deed in a Board-specified format and timeline, permits documented deviations disclosed to investors, and imposes an interest penalty for issuer delay payable to debt security holders. The trust deed must include a clause reflecting the penalty, contain required statutory particulars, prohibit clauses that curtail trustee or holder rights or indemnify for negligence, include issuer bank details and trustee access to payment information, and require appointment of the person nominated by debenture trustees as a director. en-us Tue, 10 Aug 2021 16:26:17 +0530 Wed, 29 Oct 2025 10:55:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40040 Regulation mandates execution of the trust deed in a Board-specified format and timeline, permits documented deviations disclosed to investors, and imposes an interest penalty for issuer delay payable to debt security holders. The trust deed must include a clause reflecting the penalty, contain required statutory particulars, prohibit clauses that curtail trustee or holder rights or indemnify for negligence, include issuer bank details and trustee access to payment information, and require appointment of the person nominated by debenture trustees as a director. Act-Rules SEBI Tue, 10 Aug 2021 16:26:17 +0530 https://www.taxtmi.com/acts?id=40040