Decision to write off Additional Tier 1 (AT-1) bonds - Validity ...

Case Laws SEBI

February 9, 2023

Decision to write off Additional Tier 1 (AT-1) bonds - Validity of agreement - Scope of Master Circular of RBI - The covenant and the terms in the Information Brochure i.e. between the parties is based on statutory Master Circular. Information Memorandum and its clauses refer to Master Circular. The said Information Brochure has a statutory flavour. It is based on the statutory Master Circular. In that event, the agreement would have a statutory base and such an agreement can certainly be enforceable. - HC

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Decision to write off Additional Tier 1 (AT-1) bonds - Validity ...

Case Laws SEBI

February 9, 2023

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