TMI BlogCreation of Escrow AccountsX X X X Extracts X X X X X X X X Extracts X X X X ..... the municipal debt securities as specified by the Board from time to time. ] ************ NOTES:- 1. Substituted vide NOTIFICATION No. SEBI/LAD-NRO/GN/2019/40 dated 27-09-2019 before it was read as, Creation of security for secured debentures. 19. (1) The debentures shall be secured by the creation of a charge, on the properties or assets or the receivables of the issuer, having a value which is s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ets are already charged to secure a debt, the permissions or consent to create second or paripasu charge on the assets of the issuer have been obtained from the earlier creditor. (4) The issue proceeds shall not be utilised until the documents for creation of security are executed. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management In ..... X X X X Extracts X X X X X X X X Extracts X X X X
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