THE GAZETTE OF INDIA EXTRAORDINARY — THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992

THE GAZETTE OF INDIA EXTRAORDINARY PART III -SECTION 4 PUBLISHED BY AUTHORITY NOTIFICATION THE 29TH DAY OF DECEMBER, 1993 BOMBAY SECURITIES AND EXCHANGE BOARD OF INDIA (DEBENTURE TRUSTEES) REGULATIONS, 1993 SEBI/LE/12/93. In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board with the previous approval of the Central Government hereby makes the following regulations, namely: - Chapter I PRELIMINARY Short title and commencement. (1) These regulations may be called the Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993. They shall come into force on the date of their publication in the Official Gazette. Definitions. In these regulations, unless the context otherwise requires,— 1 [(a) "Act" means the Securities and Exchange Board of India Act, 1992 (15 of 1992)] 2[(aa) "associate" shall mean any entity which is an associate under sub-section (6) of section 2 of the Companies Act, 2013 or under the applicable accounting standards and shall include a person whose director, is also a director, of the debenture trustee or the body corporate, as the case may be.] 3[(aaa) "Board" means the Securities and Exchange Board of India established under sub -section (1) of section 3 of the Act]; 1 Inserted by the SEBI (Debenture Trustees) (Amendment) Regulations, 2006, w.e.f., 7-9-2006. 2 Substituted by the SEBI (Debenture Trustees) (Amendment) Regulations, 2017, w.e.f., 13-7-2017. Prior to the same, clause (aa), inserted by the SEBI (Debenture Trustees) (Second Amendment) Regulations, 2000,w.e.f., 8 -8 -2000, read as follows: “associate” in relation to a debenture trustee, or body corporate shall include a person,— (i) who, directly or indirectly, by himself, or in combination with rel