SEBI REF Circular definition

SEBI REF Circular means the circular bearing reference number SEBI/HO/MIRSD/CRADT/CIR/P/2020/207 dated October 22, 2020 on "Contribution by Issuers of listed or proposed to be listed debt securities towards creation of “Recovery Expense Fund” issued by SEBI, as amended from time to time.
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SEBI REF Circular means the SEBI circular bearing reference no. SEBI/HO/MIRSD/CRADT/CIR/P/2020/207 dated 22 October 2020 on ‘Contribution by Company of listed or proposed to be listed debt securities towards creation of ‘Recovery Expense Fund’.
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SEBI REF Circular means the circulars issued by SEBI bearing reference number (i) SEBI/HO/MIRSD/CRADT/CIR/P/2020/207 dated 22 October 2020 on “Contribution by Issuers of listed or proposed to be listed debt securities towards creation of “Recovery Expense Fund”; and (ii) SEBI/HO/MIRSD/MIRSD_CRADT/CIR/P/2022/67 (Revised format of security cover certificate, monitoring and revision in timelines) dated May 19, 2022, as amended, as amended from time to time.
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Examples of SEBI REF Circular in a sentence

  • The Debenture Trustee shall follow the procedure set out in the SEBI REF Circular for utilisation of the Recovery Expense Fund and be obligated to keep proper account of all expenses, costs including but not limited to legal expenses, hosting of meetings etc., incurred out of the Recovery Expense Fund towards enforcement of Security.

  • Deed and disclosed in the Placement Memorandum Creation of recovery expense fund The Issuer has created the Recovery Expense Fund for a maximum limit of INR 25,00,000 (Indian Rupees Twenty- Five Lakh) in accordance with the SEBI REF Circular with the BSE Limited.

  • The Issuer has created and maintained or shall create and maintain a reserve titled the “recovery expense fund” with the Stock Exchange as per the provisions of, in the manner provided in and within the timelines set out in, the Debenture Trustee Regulations, the SEBI REF Circular and any other guidelines and regulations issued by SEBI, as applicable.

  • The Debenture Trustee shall follow the procedure set out in the SEBI REF Circular for utilisation of the Recovery Expense Fund and be obligated to keep proper account of all expenses, costs including but not limited to legal expenses, hosting of meetings etc., incurred out of the Recovery Expense Fund.

  • The Company agrees and undertakes to create and utilise the Recovery Expense Fund in accordance with Regulation 26(7) of the SEBI (Issue and Listing of Debt Securities) Regulations, 2008 read together with SEBI REF Circular in the manner as may be specified by SEBI from time to time and inform the Debenture Trustee about the same.


More Definitions of SEBI REF Circular

SEBI REF Circular means the SEBI circular bearing reference number SEBI/HO/MIRSD/CRADT/CIR/P/2020/207 dated October 22, 2020;
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