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Rearrange sentences in proper sequence to form meaningful paragraph
- Quite often, the terms of debt are skewed in favour of issues, allowing them to get away with default,while leaving less space for recourse to investors.
- The Securities and Exchange Board of India's move to enhance disclosure rules for listed debt issues is a step in the right direction.
- these changes will help to restore the confidence of investors that was shaking buy up some decent marquee defaults.
- issues will now have to pay a penalty of 2% additional interest if they default on repayment and 1% fine if the delay allotment of bones beyond 20 days
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