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Main » 2011 » December » 14 » Amendments For Debenture Trustee
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Amendments For Debenture Trustee

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.”


Vishwas Sharma

Views: 2026 | Added by: VISHU | Rating: 1.0/1
Total comments: 2
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1 Iqbal  
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Excellent article!!! John 1:1 sttaes, In the beginning was the Word The term 'in' when used in the Dative Case carries the idea of 'in the realm of'. The phrase 'the beginning' (also Dative) describes 'the commencement of something'. In the context, 'in the beginning' can be understood as 'in the realm of the commencement of creation'. The 'Word' is Christ as explained in John 1:14. Notice that the Christ 'was' in the realm of the commencement of creation. The verb 'was' (Greek verb eimi) is the verb 'to be' and is used to express 'existence' or the idea of 'being on hand'. The use of this verb in the Imperfect Tense indicates absolute existence. Thus, this verb shows that the Word was not only existing in the realm of the commencement of creation, but was existing prior to the beginning of this act.

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