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Showing contexts for: paripassu in Akash Gupta vs The Central Bureau Of Investigation ... on 22 February, 2023Matching Fragments
4. During the year 2009-10 to 2012-13, M/s Nafto Gaz India Private Limited having registered office at E 14/13, Vasant Vihar, New Delhi through its Managing Director Sri Mahadoom Bawa was availing credit facilities of Rs.472.79 Crores from the consortium of eight banks including Corporation Bank, Mid Corporate Branch, Sector-18, Noida, U.P.. The said branch of the Corporation Bank had sanctioned Cash Credit Limit of Rs.20 Crores and LC/BG for Rs.85 Crores to M/s Nafto Gaz India Private Limited. The said cash credit facilities were secured by Paripassu charge on Book debts/current assets amounting to Rs.528.16 Crores, pledge of FD amounting to Rs.12.75 Crores, Plant, machinery and other movable assets amounting to Rs.3.20 Crores, Residential building situated at Plot No.13, Street No.E-14M, Vasant Vihar, New Delhi of the company valuing Rs.5.91 Crores and residential property situated at 51-A, Khasra No.75, Arjun Nagar, Yusuf Sarai, New Delhi in the names of guarantors namely accused Deepak Gupta, Seema Gupta and Ram Murti Devi.