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Main » 2011 » December » 14

Capital Adequacy Requirement.

 The capital adequacy requirement for Debenture Trustee shall not be less than the networth of two crore rupees:

 

Provided that a debenture trustee, who was granted a certificate of initial or permanent registration, as the case may be, under these regulations prior to the commencement of the Securities and Exchange Board of India (Debenture Trustees) (Second Amendment)

 

Regulations, 2011, shall raise its networth to the said minimum within a period of two years from such commencement.”


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Views: 1577 | Added by: VISHU | Date: 14-December-2011 | Comments (2)

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