Master Circular for Debenture Trustees

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....nized Stock Exchanges and Recognized Depositories Madam/ Sir, Sub: Master Circular for Debenture Trustees 1. Debenture Trustees are regulated under the provisions of Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993 ('DT Regulations'). While the broad framework for Debenture Trustees has been laid down in the DT Regulations, over the years, procedural/ disclosure req....

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....rescission, shall be deemed to have been done or taken under the corresponding provisions of this Master Circular; and 4.2 any application made to the Board under the rescinded circulars, prior to such rescission, and pending before it shall be deemed to have been made under the corresponding provisions of these regulations; 5. Debenture Trustees are directed to comply with the conditions laid ....