Owing to a wide array of defaults by various companies owning debt obligations SEBI, in order to secure the interest of the debenture holders, introduced various measures, particularly in respect of Debenture Trustees (‘DTs’), as they are the ultimate saviors of the debenture holders. An effective mechanism in place for DTs would ultimately lead to better protection of the interests of the debenture holders increasing investor confidence.Owing to a wide array of defaults by various companies owning debt obligations SEBI, in order to secure the interest of the debenture holders, introduced various measures, particularly in respect of Debenture Trustees (‘DTs’), as they are the ultimate saviors of the debenture holders. An effective mechanism in place for DTs would ultimately lead to better protection of the interests of the debenture holders increasing investor confidence.taxmann.com Latest ArticlesRead More
