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DEBENTURES - Coggle Diagram

- - - - i. For AIFI & Banking Co., No DRR is required.
      - ii. For other FI, DRR shall be as applicable to NBCF registered with RBI.
      - iii. For listed companies (other than AIFI & Banking Co.’s), DRR is not required in following cases
        
        I. In case of public issue of debentures –
        
        A. For NBFC & for Housing Finance companies.
        
        B. For other listed companies.
        
        II. In case of privately placed debentures, for companies specified in A & B above.
      - iv. For unlisted companies, (other than AIFI & Banking co.) –
        
        A) For NBFCs & Housing Finance companies, DRR is not required in case of privately placed debentures
        
        B) For other Unlisted companies, the adequacy of DRR shall be 10% of value of outstanding debentures.
      - v. In case of companies covered in item A or B of point iii or item B of point iv, it shall on or before the 30th day of April in each year
      - vi. The methods of investments or deposits are as follows:
        
        a. In deposit with SCB, free from any charge or lien.
        
        b. In unencumbered securities of CG or SG.
        
        c. In unencumbered securities specified in Indian Trust Act 1882
- - - - Beneficially holds shares in the company;
         Is a promoter, director o
      - Is a promoter, director or key managerial personnel
      - Is beneficially entitled to money which are to be paid by the company
      - Is indebted to the company
      - Has any pecuniary relationship with the company amounting to 2% or more of its gross turnover
    - - The Board may fill any casual vacancy in the office of the trustee
    - - Any debenture trustee may be removed from office before the expiry of his term only if it is approved by the holders of not less than 3/4th in value of the debentures outstanding