Question
What are provisions of the Companies Act, 2013 relating to the appointment of a Debenture Trustee by a company? Whether the following can be appointed
What are provisions of the Companies Act, 2013 relating to the appointment of a ‘Debenture Trustee’ by a company? Whether the following can be appointed as ‘Debenture Trustee’?
(i) A shareholder of the company who has shares of ` 10,000.
(ii) A creditor to whom the company owes ` 999 only.
(iii) A person who has given a guarantee for repayment of the number of debentures issued by the company.
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Financial Accounting and Reporting
Authors: Barry Elliott, Jamie Elliott
14th Edition
978-0273744535, 273744445, 273744534, 978-0273744443
