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<h1>Debenture Trust Deed requirements: prescribed terms, trustee rights, security rules and events of default govern holder protections.</h1> The debenture trust deed must set out the purpose and key terms of the debenture issue, the company's undertaking to pay principal and interest, and conversion/redemption mechanics; detail secured-debenture charges including nature, rank, asset description, valuation, preservation, charging of future assets, enforceability triggers and restrictions on further encumbrances; prescribe appointment, resignation, removal, rights and duties of the debenture trustee, define events of default and trustee remedies; and enumerate company obligations on registers, inspections, insurance, reporting, dividend restrictions, redemption reserves, notice and modification procedures, and grievance redressal.
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