Direct Tax
Consulting
ESG Advisory
Indirect Tax
Growth Advisory
Internal Audit
BFSI Audit
Industry Audit
Valuation
RBI Services
SEBI Services
IRDA Registration
AML Advisory
IBC Services
NBFC Compliance
IRDA Compliance
Finance & Accounts
Payroll Compliance Services
HR Outsourcing
LPO
Fractional CFO
General Legal
Corporate Law
Debt Recovery
Select Your Location
The Security and Exchange Board of India has issued guidelines for security and covenant monitoring using Distributed Ledger Technology (DLT). The market regulator has given an extension to issuers who have not been able to record the details in the system. On the other hand, the existing outstanding non-convertible issuers must fill in their details in DLT before the end of September.
From April 01 2022, DLT systems shall enable the recording of asset details, allotment, listing and payment of Interest or redemption.
The guidelines state that intending to guarantee the uniqueness of the issuer’s assets that are offered as security, SEBI has infused various parameters into the system for proper validation and duplicate checks depending upon the asset type. The system shall also eliminate duplicate entries for debenture trustees every year.
SEBI issues Guidelines for covenant monitoring through DLT
Reading and learning have become a more immersive experience in the era of visually enriched digital e-books.
Carry an entire library of amazing topics in one device, making reading on-the-go easy as well as hassle-free!
Up-to-date, relevant content material that makes you familiar with the ongoing trend in the world of law, tax, and startups.