Pledge Agreement referred only to three Loan Agreements,
being the Loan Agreements dated 29th September, 2015 supra,
whereby loans of ₹ 65 crores, ₹ 65 crores ... security, under the Loan
Documents, i.e. the Loan Agreements dated 29th September,
2015, was also a security under such other Loan Agreements
mentioned below at Sr. Nos. 1, 2 & 3. These loans
are property/project loans which are secured against mortgage of
various immovable properties ... this Settlement Deed and the Retained Security (defined later in
this Settlement Deed) and loan accounts mentioned below at Sr.
No.4 are lease rental
mentioned below at Sr. Nos. 1, 2 & 3. These loans
are property/project loans which are secured against mortgage of
various immovable properties ... this Settlement Deed and the Retained Security (defined later in
this Settlement Deed) and loan accounts mentioned below at Sr.
No.4 are lease rental
mentioned below at Sr. Nos. 1, 2 & 3. These loans
are property/project loans which are secured against mortgage of
various immovable properties ... this Settlement Deed and the Retained Security (defined later in
this Settlement Deed) and loan accounts mentioned below at Sr.
No.4 are lease rental
mentioned below at Sr. Nos. 1, 2 & 3. These loans
are property/project loans which are secured against mortgage of
various immovable properties ... this Settlement Deed and the Retained Security (defined later in
this Settlement Deed) and loan accounts mentioned below at Sr.
No.4 are lease rental
mentioned below at Sr. Nos. 1, 2 & 3. These loans
are property/project loans which are secured against mortgage of
various immovable properties ... this Settlement Deed and the Retained Security (defined later in
this Settlement Deed) and loan accounts mentioned below at Sr.
No.4 are lease rental
default" could be said to have taken place
only if the loan amounts lent by the bank, which constituted the
"borrowed funds ... purposes other than those for which the loan was
granted.
(iii) Clause 2.2 of the Master Circular defined diversion and
LPA 294/2024 and other
defined herein shall have the
same meaning ascribed to them as
the Facility Agreement.
This letter shall remain in force as long as the Loan ... India.
All capitalised terms used herein but not defined shall have
their meaning ascribed to the Loan Agreement(s).
This letter is, confidential
various pledgors pledged shares with the respondent, as
security against the aforesaid loan of ₹ 75 crores, availed by
Arrow Media. Insofar as the petitioners ... Settlement Date" was defined, in Clause 2.4.1
of the Pledge Agreement, as 30th January, 2019. As the entire
loan stood liquidated by the said
submits, that the plaintiff could have no legitimate cavil to the
impugned loan recall notice dated 11th February, 2022. Mr. Jain has
also relied ... breach of the requirement to provide security against the loans
extended by Yes Bank, cannot seek any interlocutory interdiction from
this Court.
40. Mr. Nankani
