Obligation before appointment as debenture trustees

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..... granted a certificate under regulation 8 shall act as such in respect of each issue of debenture unless- 1 [(a) he enters into a written agreement with the body corporate before the opening of the subscription list for issue of debentures; (b) the agreement under clause (a) shall inter alia contain: 2 [(i) an undertaking by the body corporate to comply with all regulations / provisi .....

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..... SEBI (Debenture Trustees) (Amendment) Regulations, 2017, w.e.f., 13-7-2017. Prior to the same, clauses (i) and (ii) read as follows: (i) that the debenture trustee has agreed to act as such under the trust deed for securing an issue of debentures for the body corporate; (ii) the time limit within which the security for the debentures shall be created. - - statute, statutory provisions .....

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