https://www.taxtmi.com/acts?id=40060 Lead managers must not employ any device, scheme or artifice to defraud in connection with issuance or listing of debt securities and non-convertible redeemable preference shares. They must ensure secured debt securities have hundred percent security cover or higher as per the offer document and/or Debenture Trust Deed, adequate to discharge principal and interest at all times. Lead managers must also ensure payment of additional interest by the issuer in case of non-allotment, and verify compliance with offer-document and trust-deed terms. en-us Tue, 10 Aug 2021 16:45:49 +0530 Tue, 06 Aug 2024 11:58:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40060 Lead managers must not employ any device, scheme or artifice to defraud in connection with issuance or listing of debt securities and non-convertible redeemable preference shares. They must ensure secured debt securities have hundred percent security cover or higher as per the offer document and/or Debenture Trust Deed, adequate to discharge principal and interest at all times. Lead managers must also ensure payment of additional interest by the issuer in case of non-allotment, and verify compliance with offer-document and trust-deed terms. Act-Rules SEBI Tue, 10 Aug 2021 16:45:49 +0530 https://www.taxtmi.com/acts?id=40060