CTL also provide escrow services. Escrow Agent monitors the payments and make the payments from escrow accounts as per the agreed terms and conditions

What we do

  • Act as Custodian of the Source Code of your critical software applications
  • Ensure uninterrupted continuity of your critical operations
  • Protect your business from any unforeseen events that may result in customer dissatisfaction
  • Connecting link between you and your critical software vendors
  • Offer a cost-effective way to implement your Risk Management and Business Continuity plan
  • Ensure that the Escrow arrangement is undertaken to the satisfaction of both the parties

Our Expertise

  • SEBI-recognized Trusteeship company for its debenture trusteeship activities
  • Over two decades of experience in delivering trusteeship services by a unique knowledge pool of IT, Law and Trusteeship Professionals
  • Complete Legal and Regulatory consulting for all aspects of software escrow
  • Offer a secure location for the source code which complies with best practices and industry requirements
  • An ISO:27001 certified company – the most trusted standard for keeping information assets secure

Services Offered

  • Drafting & Execution of Escrow Agreements
  • Vetting of documents as per the structure of escrow mechanism
  • Opening and administration of escrow accounts (Bank/Demat)
  • Holding assets in escrow & monitoring (movable: receivables/shares or immovable: land title documents)
  • Monitoring of maintenance of Debt Service Reserve Account (DSRA)
  • Servicing of interest/principal/payment
  • Monitor compliance of escrow terms by all concerned parties
  • Assistance in enforcement of security in case of default
  • Custodian Services for software Source Code
  • Provide legal counseling for Escrow documentation
  • Permit periodical updates to the source code
  • Execute Software Escrow arrangements in trusted and cost-efficient manner

Software Escrow means placing the Source Code of the program written by a vendor into the hands of a third party (Catalyst Trusteeship Limited) throughout the term of the license.