debt securities; and (ii) in the event of default, the debenture trustee shall be entitled to enforce security interest in the same manner as provided ... terms and conditions of security documents executed in favour of the debenture trustee;] (3) The notice referred to in sub-section (2) shall give details
Section 85 (w.e.f. 13.12.2000).]] manager or trustee for debenture holders, to supply the necessary particulars as to his material interests. (5) Every Director ... manager of the company, and every trustee for debenture holders of the company, shall give notice to the company of such matter relating to himself
days demanding payment of dues served upon such borrower by the debenture trustee or any other authority in whose favour security interest is created ... Status, Immunities and Privileges) Act, 1958 ( 42 of 1958 ); (iiia) [ a debenture trustee registered with the Board and appointed for secured debt securities; [Inserted
estimate of
the loss likely to be suffered by the Debenture Holder, Debenture Trustees,
Security Trustee and/or the Lender on account of any default ... monies for the time being
due to the Debenture Holder/ the debenture Trustee and/or the Security
Trustee/ the Lender (as the case
creditors and to all the members or class of members and the debenture-holders of the company, individually at the address registered with the company ... debenture-holders and the effect of the compromise or arrangement on any material interests of the directors of the company or the debenture trustees
after notice of ninety days served upon the borrower by the debenture trustee or any other authority in whose favour security interest is created ... notification means a notification published in the Official Gazette; (ib) [ a debenture trustee registered with the Board and appointed for secured debt securities;] [Inserted
agreed that the Bank of Baroda would be a appointed the debenture trustee in respect of the debentures of Rs. 50 lakhs to be issued
Companies Act, 2013
71. Debentures.—
(1) A company may issue debentures with an option to convert such debentures into shares, either wholly or partly ... debentures when it is due, the Tribunal may, on the application of any or all of the debenture-holders, or debenture trustee and, after hearing
public for subscription of its debentures, unless the company has, before such issue, appointed one or more debenture trustees for such debentures and the company ... secured by the debentures or interest thereon. (2) Subject to the provisions of this Act, the functions of the debenture trustees shall generally
debentures). ―Outstanding Amounts‖ was
defined in Clause 1.1.73, as meaning all the amounts payable
by the petitioner to the Debenture Holders and the Debenture
Trustee ... Debenture
Holders, Redemption Premium; fourthly, to pay, to the
Debenture Holders, pari passu, the principal amount of the
Debentures; fifthly, to pay, to the Debenture
