Question : Debenture trustee is secured by:
Option 1: Debenture Trust Deed
Option 2: Debenture Trust File
Option 3: Debenture Trusteeship
Option 4: Debenture Trustee Document
Correct Answer: Debenture Trust Deed
Solution : A debenture trustee, also known as a bond trustee, is a financial institution or entity appointed by a company issuing debentures (bonds) to represent the interests of the bondholders. A trust deed, also known as a debenture trust deed or bond indenture, is a legal document that governs the terms and conditions of a debenture issue and establishes the rights and obligations of the bondholders, the issuing company, and the debenture trustee. Hence, the correct answer is option 1.
Question : Which is an agreement between the company and the trustees to look after the interest of debenture holders?
Question : Secured debenture is known as
Question : Perpetual debenture are also known as
Question : Which of the following statements is false?
Question : Which of the following statements is true?
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