Which of the following statements is not a role of the trustee?
A) To ensure that the borrower does not breach any of the covenants in the trust deed.
B) The trustee has to act to protect the debenture holders in the event of any breach.
C) The trustee has to ensure that the borrower does not breach any of the covenants in the trust deed and to act to protect the debenture holders in the event of any breach.
D) None of the given options.
Correct Answer:
Verified
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