Deb trustee

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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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