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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


Team Careers360 15th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

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.

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