Comment on the following: (i) Can a Debenture Trustee act for issue of debentures of an associate ?

No, a Debenture Trustee cannot act for the issue of debentures of an associate company . This is a fundamental principle to ensure independence and avoid conflicts of interest. A debenture trustee's role is to protect the interests of debenture holders, which would be compromised if they have an association with the issuer company.