TMI BlogSecurities and Exchange Board of India (Debenture Trustees) (Amendment) Regulations, 2020X X X X Extracts X X X X X X X X Extracts X X X X ..... be called the Securities and Exchange Board of India (Debenture Trustees) (Amendment) Regulations, 2020. 2. They shall come into force on the date of their publication in the Official Gazette. 3. In the Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993 , ─ I. regulation 14 shall be substituted by the following namely, - Every debenture trustee shall amongst other matters, accept the trust deeds which shall contain the matters as specified in section 71 of Companies Act, 2013 and Form No. SH.12 specified under the Companies (Share Capital and Debentures) Rules, 2014. Such trust deed shall consist of two parts: a. Part A containing statutory/standard information pertaining to the debt issue ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e to ensure that such security is free from any encumbrance or that it has obtained the necessary consent from other charge-holders if the security has an existing charge, in the manner as may be specified by the Board from time to time. (7) Subject to the approval of the debenture holders and the conditions as may be specified by the Board from time to time, the debenture trustee, on behalf of the debenture holders, may enter into inter-creditor agreements provided under the framework specified by the Reserve Bank of India. AJAY TYAGI, Chairman [Advt.-III/4/Exty./287/2020-21] Footnotes: 1. The Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993, the Principal Regulations, were published in th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 3 vide S.O.No. 763(E). j. March 10, 2004 by the Securities and Exchange Board of India (Criteria for Fit and Proper Person) Regulations, 2004 vide S.O. No. 398(E). k. September 7, 2006 by the Securities and Exchange Board of India (Debenture Trustees) (Amendment) Regulations, 2006 vide S.O No.1451 (E). l. May 26, 2008 by the Securities and Exchange Board of India (Intermediaries) Regulations, 2008 vide Notification No. LAD/NRO/GN/2008/11/126538. m. April 13, 2011 by the Securities and Exchange Board of India (Change in Conditions of Registration of Certain Intermediaries) (Amendment) Regulations, 2011 vide Notification No. LAD/ NRO/ GN/ 2011 -12/03/12650. n. July 5, 2011 by the Securities and Exchange Board Of India (Debentur ..... X X X X Extracts X X X X X X X X Extracts X X X X
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