Specific Compliances
Ensure compliance with applicable regulations
Ensure compliance with applicable regulations
In the intricate landscape of corporate finance, navigating the specific compliances tied to debenture issuance demands a tailored approach. Companies venturing into this domain require a comprehensive service encompassing accounting precision, legal compliance, and the oversight of a dedicated debenture trustee. This holistic strategy ensures adherence to stringent regulations, including those set by SEBI, meticulous record-keeping, and the punctual disbursement of payments to debenture holders, all while remaining firmly within the bounds of the Companies Act, 2013.
Prosperion streamlines this complex process, offering a singular, integrated service delivered by a team of experienced legal and accounting professionals. Our experts simplify the share and debenture issuance journey, ensuring seamless compliance with all applicable rules and legal formalities.
Strict adherence to SEBI’s guidelines is mandatory, covering debt security issuance, listing obligations, and comprehensive disclosure requirements.
Section 71 of this Act provides the fundamental legal framework for debenture issuance, outlining procedures, requirements, and limitations.
A legally binding agreement is essential, clearly defining the responsibilities and obligations of both the issuing company and the trustee.
Companies must provide full and accurate disclosure in the offer document, detailing debenture terms, any charges created, and the issue’s implications.
Timely filing of all required documents, including offer letters, board resolutions, and debenture subscription agreements, is crucial.
Companies are required to submit statements detailing investor complaints to the relevant stock exchange.
Failure to comply can result in severe penalties, including penal interest and potential legal action.
Maintaining accurate records of debenture issuances, including debenture holder details, issued amounts, and interest payments, is paramount.
Debentures must be correctly reflected in the company’s financial statements, including the recognition of interest expense and principal repayment.
Companies must adhere to all tax regulations pertaining to interest payments and debenture repayment.
Implementing a compliance calendar ensures timely fulfillment of all regulatory requirements.
Access expert legal and accounting professionals in one place, streamlining the complex debenture issuance process.
Ensure full adherence to SEBI and Companies Act regulations, minimizing the risk of costly penalties and legal action.
Prosperion’s expertise ensures smooth and timely completion of all required filings and procedures.
Benefit from meticulous record-keeping and accurate financial reporting, enhancing transparency and investor confidence.
Gain confidence knowing all legal and accounting aspects are handled by experienced professionals, allowing you to focus on core business operations.
