Section 529 in The Companies Act, 1956 [Entire Act]
contingent liabilities; and (c) the respective rights of secured and unsecured creditors; as are in force for the time being under the law of insolvency
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1 - 10 of 7061 (2.36 seconds)Committee Of Creditors Of Essar Steel ... vs Satish Kumar Gupta on 15 November, 2019
broad
classification of creditors as financial creditors and operational
creditors on the basis of the nature of the transaction between
creditors and a corporate debtor ... which differentiated between secured and
unsecured creditors, most financial creditors being secured creditors
and most operational creditors being unsecured. They also argued
that
Section 230 in The Companies Act, 2013 [Entire Act]
wound up, of the liquidator, order a meeting of the creditors or class of creditors, or of the members or class of members ... creditors in value, including— (i) a creditor’s responsibility statement in the prescribed form; (ii) safeguards for the protection of other secured and unsecured creditors
Section 9 in The Provincial Insolvency Act, 1920 [Entire Act]
creditor, or, if two or more creditors join in the petition, the aggregate amount of debts owing to such creditors, amounts to five hundred rupees ... estimated in the same way as if he were an unsecured creditor
Tata Motors Ltd vs Pharmaceutical Products Of India Ltd on 16 May, 2008
near about 5.7 crores of rupees. There were
other secured and unsecured creditors also.
Proceedings under SICA
2
4. Respondent being unable ... that unsecured creditors listed in the Scheme were only a
selected few creditors, as a result whereof a large number of creditors had
been excluded
J.K. (Bombay) (P) Ltd vs New Kaiser-I-Hind Spg. & Wvg. Co. Ltd. & ... on 22 November, 1968
appellants and the other Schedule B creditors as secured
creditors against the rest of the unsecured creditors. Such
an order could not be passed ... creditors had under the scheme
already become secured creditors and had priority over the
other unsecured creditors, or that in the alternative, the
court should
Section 12 in Presidency-towns Insolvency Act, 1909 [Entire Act]
creditor, or, if two or more creditors join in the petition, the aggregate amount of debts owing to such creditors, amounts to five hundred rupees ... estimated in the same way as if he were an unsecured creditor
Jitendra Nath Singh vs Official Liquidator & Ors on 21 September, 2012
creditor, and shall be treated in all respects as an amended
valuation made by the creditor.
(6) Where a secured creditor does not comply with ... favour of
secured creditors of the company in liquidation. The secured creditors,
therefore, have no charge on such unsecured assets as also no
consequential, preferential
Andhra Bank vs Official Liquidator And Anr on 14 March, 2005
held to have any precedence over all secured and unsecured creditors as has
been held by this Court in Allahabad Bank (supra) and reliance thereupon ... ALLAHABAD BANK :
The Allahabad Bank was an unsecured creditor; it had obtained a
simple money decree from the Debts Recovery Tribunal (DRT) against the
debtor
Section 3 in Insolvency And Bankruptcy Code, 2016 [Entire Act]
right is reduced to judgement, fixed, disputed, undisputed, legal, equitable, secured or unsecured; (b) right to remedy for breach of contract under ... creditor" means any person to whom a debt is owed and includes a financial creditor, an operational creditor, a secured creditor, an unsecured creditor