What is a Debenture Trust Deed and when is it necessary?
A Debenture Trust Deed is a document created by a company as security that is issued by the company to protect the interest of a denture holder, where trustees are appointed.
In order to raise funds from the general public, companies can create security in the form of shares known as debenture stock. A trustee is usually appointed in such situations to serve as an intermediary between the company and the debenture holder.
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