For registration as a Debenture Trustee, an applicant is required to pay a non-refundable application fee of Rs. 50,000/- by way of demand draft drawn in favour of ‘Securities and Exchange Board of India’, payable at Mumbai. The application in Form A along with additional information Sheet (AIS) (Form A and additional information sheet available on SEBI Website : http://www.sebi.gov.in/sebiweb/home/detail/31043/no/Debenture-Trustee-How-to-apply shall be submitted to the Division Chief at the below mentioned address :
Market Intermediaries Regulation And Supervision Department - 5When can a nominee director be appointed?
Yes, a debenture issue can be transferred.
A debenture trustee can relinquish its assignments in respect of the debenture issue of any body corporate only when another debenture trustee is appointed in its place by the body corporate.
What are the contents of the debenture trustee agreement?
Debenture Trustee Agreement should include the following: