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Powers and liabilities of trustee

(1) The trustee nominated or appointed under the trust-deed for securing an issue of debentures shall, if so empowered by such deed, have the right to sue for all redemption moneys and interest in the following cases, namely:- (a) where the issuer of the debentures as mortgagor binds himself to repay the debenture loan or pay the accrued int...


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