9911796707
TMI BlogSecurities And Exchange Board Of India (Debenture Trustees) (Amendment) Regulations, 2006.X X X X Extracts X X X X X X X X Extracts X X X X ..... ns, 2006. 2. They shall come into force on the date of their publication in the Official Gazette. 3. In the Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993:- (i) in regulation 2 a. clauses (a) and (aa) shall be renumbered as clause (aa) and (b) respectively thereof; b. before clause (aa) so renumbered, the following clause shall be inserted, namely:- (a) Act means the Securities and Exchange Board of India Act, 1992 (15 of 1992); c. after clause (aa) so renumbered, the following clauses shall be inserted, namely:- (ab) body corporate shall have the meaning assigned to it in or under clause (7) of section 2 of the Companies Act, 1956 (1 of 1956); (ac) certificate ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of section 2 of the Companies Act, 1956 (1 of 1956); (bb) debenture trustee means a trustee of a trust deed for securing any issue of debentures of a body corporate; e. after clause (e), the following clause shall be inserted, namely:- (ea) issue means an offer of sale of securities by any body corporate or by any other person or group of persons on its or their behalf, as the case may be, to the public, or the holders of securities of such body corporate or person or group of persons and includes a private placement of debentures made by a listed company, which are proposed to be listed; f. clause (h) shall be omitted; g. after clause (i), the following clause shall be inserted, namely:- (ia) trust de ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... thin one month of the date of the receipt of the complaint and keep the Board informed about the number, nature and other particulars of the complaints received and the manner in which such complaints have been redressed; (d) it shall maintain capital adequacy requirements specified in regulation 7A at all times during the period of the certificate or renewal thereof; (e) it shall abide by the regulations made under the Act in respect of the activities carried on by it as a debenture trustee. (2) Nothing contained in clause (a) of sub-regulation (1) shall affect the obligation to obtain a fresh registration under section 12 of the Act in cases where it is applicable. Time period for disposal of application and period of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on November 28, 1995 by the Securities and Exchange Board of India (Payment of Fees) (Amendment) Regulations, 1995 vide S.O. No.939 (E). (b) on January 5, 1998 by the Securities and Exchange Board of India (Debenture Trustees) (Amendment) Regulations, 1998 vide S.O. No.16(E). (c) on September 30, 1999 by the Securities and Exchange Board of India (Debenture Trustees) (Amendment) Regulations, 1999 vide S.O. No.795(E). (d) on February 17, 2000 by the Securities and Exchange Board of India (Debenture Trustees) (Amendment) Regulations, 2000 vide S.O. No.135(E). (e) on August 8, 2000 by the Securities and Exchange Board of India (Debenture Trustees) (Second Amendment) Regulations, 2000 vide S.O. No.743(E). (f) on March ..... X X X X Extracts X X X X X X X X Extracts X X X X
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