Applicability

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ed, with an outstanding value of Rupees One Thousand Crore and above and does not have any listed specified securities. Explanation (1): - The 'high value debt listed entities' shall be determined on basis of value of principal outstanding of listed debt securities as on March 31, 2025, irrespective of the date of notification of this amendment. Explanation (2): - The entities falling in su .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ply till the value of the outstanding listed debt securities as on March 31 in a year, reduces and remains below the specified threshold for a period of three consecutive financial years. Explanation: -The provisions of this sub-regulation shall become applicable with effect from April 01, 2025. (3) Notwithstanding anything contained in this regulation, in case of an Infrastructure Investment Tr .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... insolvency resolution process under the Insolvency Code: Provided that the roles and responsibilities of the board of directors as specified under regulation 62D shall be fulfilled by the interim resolution professional or resolution professional in accordance with sections 17 or 23 of the Insolvency Code, as the case may be. (6) The provisions as specified in regulations 62F, 62G, 62H and 62I s .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X