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

October 14, 2020
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 Agreement
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