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Question
Give the meaning of 'Issue of debenture as a Collateral Security' ?
Give the meaning of 'Issue of debenture as a Collateral Security' ?
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Solution
When the debentures are issued as secondary or additional security alongwith the principal security, it is known as "Issue of Debenture as a Collateral Security".
When the debentures are issued as secondary or additional security alongwith the principal security, it is known as "Issue of Debenture as a Collateral Security".
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