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Would like to know does the interest accrued on debentures

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Reference no: EM132549965

Question 1 : Would like to know does the interest accrued on debentures, ( the debentures have secured interest over floating charge) have priority in the creditors payment in the course of liquidator?

Question 2 : Put in in simply, does the interest accrued on debentures paid in line with the principle payment in debentures or the interest accrued will rank equally with unsecured creditor?

Reference no: EM132549965

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