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SEBI comes out with monitoring, disclosure framework for debenture trustees

November 18, 2020
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The SEBI came out with a disclosure framework and guidelines to monitor the asset cover of debenture trustees. The framework shall be effective from the quarter ended December 31, 2020 for listed debt securities. As per the framework the Debenture Trustees (DTs) will have to carry out periodical monitoring of 'security created' or assets on which charges are created.
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