Define the debenture trustee.

Debenture Trustee means a trustee of a trust deed for securing any issue of debentures of a body corporate debentures bonds and other hybrid instruments in most cases unless otherwise specified, carry securities for the investors unlike in the case of equity and preference shares. It is necessary that the company makes proper arrangements to extend assurances and comply with legal requirements in favor of the investors who are entitled to this type of security.