Compliance timelines eased for debenture trustees amid Covid-19
Sebi on Monday relaxed rules for debenture trustees for complying with regulatory requirements pertaining to disclosure about monitoring of asset cover certificate amid ongoing coronavirus pandemic. The move comes after the Securities and Exchange Board of India (Sebi) received representations from debenture trustees (DTs) in this regard, the regulator said in a circular. After taking into consideration the representations received from DTs and the challenges arising out of the local restrictions placed by various state governments in the wake of the COVID-19 pandemic, it has been decided t...
Source: business-standard.com