Liability for action in case of default.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... been granted; (b) contravenes any of the provisions of the Act or these regulations; (c) contravenes the provisions of the Companies Act or the rules made there under; (d) fails to furnish any information relating to its activity as a Debenture Trustee as required by the Board; (e) furnishes to the Board information which is false or misleading in any material particular; (f) does not submit .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 2002, w.e.f. 27-9-2002. 2 Substituted by the SEBI (Debenture Trustees) (Amendment) Regulations, 2017, w.e.f., 13-7-2017. Prior to the same, regulation 25 read as follows: "25. A debenture trustee who- (a) fails to comply with any conditions subject to which certificate has been granted; (b) contravenes any of the provisions of the Act, rules or regulations; (c) contravenes the provisions of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X