Obligations of debenture trustee

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..... ng the interest of holders of municipal debt securities: Provided that, where the issuer is a body corporate to which the Companies Act, 2013 applies such powers shall include a right to appoint a nominee director on the Board of the issuer, in consultation with institutional holders of such securities. (2) The debenture trustee shall carry out its duties and perform its functions in terms of thes .....

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..... ed with the requisite powers for protecting the interest of holders of debt securities. (2) The monitoring agency shall inspect on half yearly basis, the utilization of issue proceeds in accordance with objects of the issue as specified in offer document and report, material deviation, if any, to the concerned stock exchange for public dissemination. (3) The monitoring agency shall monitor earmark .....

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..... rever appointed, shall carry out its duties and perform its functions under these regulations, the Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993, the trust deed and offer document, with due care, diligence and loyalty. (7) The debenture trustee, wherever appointed, shall ensure disclosure of all material events on an ongoing basis (8) The debenture trustees, whereve .....

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