Vetting of Debenture Trust Deed (DTD), Debenture Trustee Agreement (DTA) and/or charge creation security documents
Monitor creation & perfection of security within stipulated time and hold it for debenture holders
Managing bank account for servicing of payments to debenture holders
Monitoring of security cover ratio/other covenants as required under the terms of transaction
Daily valuation and monitoring of listed shares, sending reports, issue notices (top up/top down), etc.
Issuance of NOC's/Pari Passu letters
Assistance in enforcement of security in case of default
Vetting/providing inputs in transaction documents as per guidelines and taxation perspective
Opening and operating issue proceeds/collection & payout account
Dematerialisation of Pass Through Certificates (PTCs) through corporate action
Listing of PTCs, if required
Making payouts to PTC investors/assignee as per beneficiary position received from R&T Agent
Preparing report and coordinating with originator/assignor, rating agencies, PTC investors/assignee, etc.
Monitoring/utilising of credit enhancement as per RBI Guidelines
Deduction and payment of statutory dues
Audit/filing income tax returns of securitization trust
Vetting of documents & assisting in structuring escrow mechanism
Opening and administration of escrow accounts (Bank/Demat)
Holding assets in escrow & monitoring (movable: receivables/shares or immovable: land title documents)
Ensure maintenance of Debt Service Reserve Account (DSRA)
Servicing of interest/principal/contractor/statutory payment
Daily valuation and monitoring of listed shares, sending reports, issuing of notices (top up/top down), etc. in case of Loan Against Shares (LAS)
Ensure compliance of escrow terms by all concerned parties
Assistance in enforcement of security in case of default
Vetting of Security Trustee Agreement (STA) and/or charge creation/security documents
Monitor creation & perfection of security within stipulated time and hold it for the lenders
Managing bank account for servicing of payments to lenders
Monitoring of security cover ratio/other covenants as required under the terms of transaction
Daily valuation and monitoring of listed shares, sending reports, issuing notices (top up/top down), etc. in case of Loan Against Shares (LAS)
Issuance of NOC's/Pari Passu letters
Assistance in enforcement of security in case of default
Vetting of trust deed, contribution agreement, investment management agreement and reviewing private placement memorandum
Assisting in SEBI application and co ordination for registration
Obtaining PAN/TAN for the fund
Opening & managing of bank/depository/custodian account for the fund/scheme and overseeing fund manager's activities to ensure compliance of AIF regulations
Complying with statutory obligations such as tax and other filings
Approvals for launch of new schemes
Vetting of trust deed and any other related documents
Opening and operating trust bank and demat accounts
Hold trust property, make investments, divestments
Administer the schemes and the trust independently in consultation with the Executive Committee/Remuneration Committee
Prepare and maintain master data of grant options
Complete service in option exercise by the employees (including cash less exercise)
Prepare and maintain books of accounts, audit and filing income tax returns
Furnish reports/accounts to the company
Transfer of shares to the employees