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Deb trustee
can debenture holder of a company be appointed as debenture trustee of the same company...???
Replies (9)
A debenture trustee means a trustee of a trust deed for securing any issue of
debentures of a body corporate and to act as debenture trustee, the entity should either be a scheduled bank carrying on commercial activity, a public financial institution, an insurance company, or a body corporate. The entity should be registered with SEBI to act as a debenture trustee.
But mah qsn is tht can a deb holder b appointed as a deb trustee
bt mah qsn is nt tht
Ohh Okok.........Then he is not eligible even though he satisfies the above conditions.....
parveen Sharma Sir says tht he is
thn I email to him tht u contradict wth mah law teacher on this point n his rply is tht u hd interpret wrong in law
Ohh You mean my answer was wrong???So can a Deb holder of a comp become a deb trustee???The answer is no
no acrdng to me Sharma Sir is wrong
bt hevis not accepting this...
Ohh okok Rohit,then let us wait/ask other experts on this issue......
Any more suggestions pls......
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