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This New Year brings more complexity to bond issuance as SEBI makes it cumbersome

November 9, 2020[2020] 121 114 (Article)
When the going gets tough, the tough gets going; however, this may not hold good for issuers and debenture trustees (DT) in case of secured debentures intended to be issued and listed on or after January 1, 2021. SEBI, vide Circular dated November 3, 2020 (‘November Circular’),
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