Contents of Instrument of Trust

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..... ents of Instrument of Trust The Trust Deed or other constitutional document shall contain the following, namely:- 1. That the trustees shall take into their custody, or under their control the debts or receivables of the schemes of the special purpose distinct entity and hold it in trust for the benefit of investors. 2. That the investors in the securitised debt instruments have such ben .....

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..... rs and Board as may be specified by the Board. 8. The trustees shall take reasonable and due care to ensure that the funds raised under the schemes launched by the special purpose distinct entity are in accordance with the provisions of the Act and these regulations. 9. The details of the Trust Property. 10. The trustee shall issue certificate or instrument (by whatever name called) evide .....

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..... ocedure for seeking approval of the investors under such circumstances as are specified in the Regulations. ********* 1 Substituted by the SEBI (Public Offer and Listing of Securitised Debt Instruments) (Amendment) Regulations, 2018 w.e.f. June 26, 2018. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanage .....

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