Debentures.

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.... convert such debentures into shares, wholly or partly, shall be approved by a special resolution passed at a general meeting.      (2) No company shall issue any debentures carrying any voting rights.      (3) Secured debentures may be issued by a company subject to such terms and conditions as may be prescribed.      (4) Where ....

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.... debenture- holders and redress their grievances in accordance with such rules as may be prescribed.      (7) Any provision contained in a trust deed for securing the issue of debentures, or in any contract with the debenture-holders secured by a trust deed, shall be void in so far as it would have the effect of exempting a trustee thereof from, or indemnifying him against, ....

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....any are insufficient or are likely to become insufficient to discharge the principal amount as and when it becomes due, the debenture trustee may file a petition before the Tribunal and the Tribunal may, after hearing the company and any other person interested in the matter, by order, impose such restrictions on the incurring of any further liabilities by the company as the Tribunal may consider ....