Governance Mechanism for the Corporate Debt Market Development Fund

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.... of directors of trustee company and the Manager of the Corporate Debt Market Development Fund shall be appointed with the prior approval of the Board. (3) The roles and responsibilities of the trustee company shall be similar to the roles and responsibilities assigned to trustees under the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996. (4) The trustee company of the Co....

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....he trustee company shall be constituted to review compliance with the provisions of placement memorandum as required under these regulations along with other responsibilities as may be specified by the Board from time to time. (8) The manager of the Corporate Debt Market Development Fund shall appoint a Governance Committee. (9) The Governance Committee shall comprise corporate bond market exper....