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of <h1>Debentures' Validity Unaffected by Irredeemable Terms or Remote Contingencies Under Companies Act, 1956</h1> A condition in debentures or deeds securing debentures, regardless of when issued or executed, is not invalid solely because it makes the debentures irredeemable or redeemable only upon a remote contingency or after an extended period. This provision applies to all debentures under the Companies Act, 1956, ensuring that such terms do not affect the validity of the debentures.
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