Showing 3 of 143· filtered
Securities and Exchange Board of India (Issue and Listing of Securitised Debt Instruments and Security Receipts) (Amendment) Regulations, 2026
SEBIMedium impact
SEBI Amends Securitised Debt Instruments Regulations 2026 — Originator Redefined as "Servicer", SPDE Trustee Norms Tightened
SEBI Notification SEBI/LAD-NRO/GN/2026/304 dated 1 July 2026 amends the SDI & Security Receipts Regulations, 2008 — replaces "originator" with "servicer" in reporting/audit clauses, caps RBI-regulated originators to one non-veto SPDE trustee seat, effective immediately.
Securities and Exchange Board of India (Issue and Listing of Securitised Debt Instruments and Security Receipts) (Amendment) Regulations, 2026
7 July 2026Eff. 1 July 2026
11 min
NCLAT Fortnightly (Feb 16–28, 2026) — Bar & Bench
NCLT
Vistra ITCL v. Radius Estate Projects — NCLAT 2026: Covenant to Pay in Third-Party Mortgage Creates Financial Debt Under IBC
NCLAT reversed NCLT's May 2024 order and held that Vistra ITCL, acting as Debenture Trustee, qualifies as a Financial Creditor of Radius Estate Projects — because the mortgage deed contained a "covenant to pay," creating an independent guarantee-like obligation under Section 5(8) IBC.
NCLAT Fortnightly (Feb 16–28, 2026) — Bar & Bench
13 May 2026
28 min
Extension of timeline for compliance with terms and conditions by Debenture Trustees for carrying out activities outside the purview of SEBI
SEBIMedium impact
SEBI Extends Compliance Deadline for Debenture Trustees to October 27, 2026 – 6 Month Extension Granted
SEBI has granted an additional 6 months to Debenture Trustees for complying with Regulation 9C requirements. The new deadline to transfer non-SEBI activities to separate business units is October 27, 2026. All other conditions of the November 25, 2025 circular remain unchanged.
Extension of timeline for compliance with terms and conditions by Debenture Trustees for carrying out activities outside the purview of SEBI
29 April 2026Eff. 28 April 2026
9 min