Regulation 14A - Dispute Resolution - Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993

1 [Dispute Resolution. 14A. (1) All claims, differences or disputes between a debenture trustee and a body corporate which has appointed the debenture trustee, arising out of or in relation to the activities of the debenture trustee in the securities market shall be submitted to a resolution mechanism that includes mediation and/or conciliation and/or arbitration, in accordance with the procedure specified by the Board. (2) No loss or damage or expenses incurred by the debenture trustee or the body corporate which has appointed the debenture trustee shall be met out of the trust property. ] *************** NOTES:- 1. Inserted vide Notification No. SEBI/LAD NRO/GN/2023/137 dated 03-07-2023