Appointment of debenture trustees and duties of debenture trustees.

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....e or more debenture trustees for such debentures and the company has, on the face of the prospectus or the letter of offer, stated that the debenture trustee or trustees have given their consent to the company to be so appointed: Provided that no person shall be appointed as a debenture trustee, if he___ (a) beneficially holds shares in the company; (b) is beneficially entitled to moneys whic....

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....he prospectus or the letter of offer does not contain any matter which is inconsistent with the terms of the debentures or with the trust deed; (c) to ensure that the company does not commit any breach of covenants and provisions of the trust deed; (d) to take such reasonable steps to remedy any breach of the covenants of the trust deed or the terms of issue of debentures; (e) to take steps ....