Obligation before appointment as debenture trustees

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Full Text of the Document

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....en granted a certificate under regulation 8 shall act as such in respect of each issue of debenture unless- ^1[(a) he enters into a written agreement with the body corporate before the opening of the subscription list for issue of debentures; (b) the agreement under clause (a) shall inter alia contain: ^2[(i) an undertaking by the body corporate to comply with all regula....