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A demand debenture is a document which is issued to a shareholder or investors as a security against a loan. It acts as a security and the interest on loan amount secured by the demand debenture is usually paid annually or semiannually. Debenture does not become obligatory unless it is properly certified by the trustee. Moreover, it is issued as a fully registered debenture. Please visit the link to see a demand debenture:
Demand debenture sample
Demand debenture sample
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