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DEBENTURE BY PRIVATE LIMITED COMPANY

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 December 2010 PLEASE LET ME KNOW THE AS TO WHO COULD BE APPOINTED AS A TRUSTEE IN CASE OF A DEBENTURE ISSUE BY A PRIVATE LIMITED COMPANY

HAS IT TO BE THOSE AUTHORISED BY SEBI OR THE COMPANY CAN APPOINT ANY PERSON OF ITS CHOICE AS TRUSTEE

PLEASE GIVE NECESSARY GUIDANCE IN THIS REGARD

02 January 2011 To act as debenture trustee, the entity should either be a scheduled bank carrying on commercial activity, a public financial institution, an insurance company, or a body corporate. The entity should be registered with SEBI to act as a debenture trustee.




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