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Debenture Trustee

Dileep Kumar (10 Points)

23 October 2018

Whether Debenture trustee required to be appointed is a natural person or only a Body corporate.

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Ankush khurana (91 Points)
Replied 24 October 2018

Individual can't be appointed as Debenture trustee... only scheduled bank carrying commercial business, insurance company ,PFIs or body corporate at last they shall be registered with SEBI to act as debenture trustee

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Dileep Kumar (10 Points)
Replied 24 October 2018

Thanks for the reply. I read it but if you see chapter iv Rule 18, where it is mentioned who can't be a Debenture Trustee..if you read it will get confused because points are related to a natural person. Hope someone will through light.