Question : Which is an agreement between the company and the trustees to look after the interest of debenture holders?
Option 1: Debenture Trust Deed
Option 2: Partnership Deed
Option 3: Both 1 & 2
Option 4: None of the above
Correct Answer: Debenture Trust Deed
Solution : An agreement between the corporation and the trustees to protect the interests of debenture holders is known as a debenture trust deed.
Hence the correct answer is option 1.