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What remedies are available to a Debenture Holder?



The remedies  available to a debenture holder

1).  Debenture holder  can  sue for  his  principle sum  and  interest;

2).  He  may petition for  winding  up of  a company  on the ground that  the company is unable to pay its  debt.

3).  May appoint  a receiver;     

4).  He  may apply to court  for foreclosure  of the Company’s right to redeem  the  debenture;

5).  He  may  sell  the property of the  company through trustees if such power  is given by the debenture trust deed. 

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