Question
If an issuer of Green Debt Securities (GDS) realizes
that funds are being utilized for purposes that do not fall under the definition of GDS, what must they do?Solution
If funds are used for purposes outside the definition of GDS, the issuer shall disclose the same to the investors and, if required by a majority of debenture holders, undertake early redemption of such debt securities.
An offer of settlement is accepted by the Claimant then the Insurance company shall pay the amount of compensation in:
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