Company has to appoint _____ to protect the interest of depositors.
Q.1 (A) (2) Company has to appoint _____ to protect the interest of depositors.
A. Debenture trustees
B. Deposit trustees
C. Credit Rating Agency
1 answer
Best answer
Answer: B. Deposit trustees
Answer: (b) Deposit trustees
A company inviting secured deposits from the public must appoint one or more deposit trustees (before issuing the circular), who act on behalf of the depositors and protect their interests.
Doubtly AI
· 28 Oct 2026
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