Trust Deed

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..... fails to execute the trust deed within the period specified in the sub-regulation (1), without prejudice to any liability arising on account of violation of the provisions of the Act and these Regulations, the issuer shall also pay interest of at least two percent per annum to the debenture holder, over and above the agreed coupon rate, till the execution of the trust deed. (1B) A clause stipulat .....

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..... s; (ii) limiting or restricting or waiving the provisions of the Act , these regulations and circulars or guidelines issued by the Board; (iii). indemnifying the debenture trustees or the issuer for loss or damage caused by their act of negligence or commission or omission. ************ NOTES:- 1. Inserted vide NOTIFICATION No. SEBI/LAD-NRO/GN/2019/13 dated 07-05-2019 2. Substituted vide Notificat .....

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