SEBI prescribes procedure to be followed by Debenture Trustees in case of default by issuers of listed debt securities

After consultation with stakeholders including investors, the SEBI has prescribed the process to be followed by the Debenture Trustee(s) in case of ‘Default’ by issuers of listed debt securities including seeking consent from the investors for enforcement of security and/or entering into an Inter-Creditor AgreementAfter consultation with stakeholders including investors, the SEBI has prescribed the process to be followed by the Debenture Trustee(s) in case of ‘Default’ by issuers of listed debt securities including seeking consent from the investors for enforcement of security and/or entering into an Inter-Creditor Agreementtaxmann.com Latest Statutory HappeningsRead More

Leave a Reply