Finance · Financial Markets
Which of the following actions are required from debenture trustees according to SEBI guidelines? 1. Debenture trustees must ensure that the security property created by the company is adequate to secure the principal and interest. 2. Debenture trustees carry out the responsibilities of redressing grievances of debenture holders. 3. Debenture trustees serve no regulatory role in safeguarding investor interests. 4. Debenture trustees must take prompt steps to enforce the security and rights of debenture holders in the event of default.
- 1Only 1 and 2
- 2Only 2 and 3
- 3Only 1 and 4
- 4Only 1, 2, and 4✓
Correct answer
Only 1, 2, and 4
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