Section 293 Investments and Securities Act Section 293 of the Investments and Securities Act 2025 is about Deficiency in fund to be charged upon revenue. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: In the event of the sinking fund established by an issuer under the provisions of…

Section 292 Investments and Securities Act Section 292 of the Investments and Securities Act 2025 is about Expenses to be paid out of sinking fund. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: There shall be paid out of the sinking fund all expenses specifically incurred in, or…

Section 291 Investments and Securities Act Section 291 of the Investments and Securities Act 2025 is about Cessation of contribution to sinking fund. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: (1) Notwithstanding anything to the contrary contained in this Part, if at any time the trustees are…

Section 290 Investments and Securities Act Section 290 of the Investments and Securities Act 2025 is about Investment of sinking fund. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: (1) All money appropriated under section 288 of this Act as contributions to the sinking fund shall be paid…

Section 289 Investments and Securities Act Section 289 of the Investments and Securities Act 2025 is about Separate sinking fund. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: A separate sinking fund shall be established for each issuance of debt securities under this Part.

Section 288 Investments and Securities Act Section 288 of the Investments and Securities Act 2025 is about Appropriation of revenue for sinking fund. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: After the date specified in the particulars published under section 273 of this Act as the date…

Section 287 Investments and Securities Act Section 287 of the Investments and Securities Act 2025 is about Waiver by trustees. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: Except otherwise directed by a resolution passed by a majority of bond holders at a meeting duly convened for such…

Section 286 Investments and Securities Act Section 286 of the Investments and Securities Act 2025 is about Power to appoint new trustees. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: The power to appoint new trustees under this Part shall be vested in the issuer, and a trustee…

Section 285 Investments and Securities Act Section 285 of the Investments and Securities Act 2025 is about Trustee as underwriter. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: A trustee shall not underwrite an offer unless it has been registered with the Commission as an underwriter:Provided that the…

Section 284 Investments and Securities Act Section 284 of the Investments and Securities Act 2025 is about Powers of trustees. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: The trustees appointed under this Part shall have all the powers conferred upon trustees by the trust deed under which…