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hello friends well be discussing another illustration which will refer to issue of debentures for collateral security or as collateral security now when we speak about collateral security we have already solved the sum or rather certain illustration which had certain case studies basically three case studies which we dealt with similar on that pattern itself will have certain illustration rather one more illustration related to that concept itself which is known as issue of debentures for collateral security or as a collateral security now this word for and as a collateral security have been mentioned together because in this illustration you will have certain situations like that itself first priority may be given to assure debentures as collateral security and then the second priority will be given to issue of debentures as a collateral security so both of these things will be covered in this specific video lets start with the case 1 in this illustration well have 4 cases based on
