explanations.
We
find that Bank of Baroda mainly relies on the pari-passu agreement
dated 20.1.1976 in support of their claim that they are having ... records reveals as under:-
"1.2.1
BOB presented the pari-passu agreement dated 20.1.1976 in support of
their claim. The said pari-passu agreement dated
explanations.
We
find that Bank of Baroda mainly relies on the pari-passu agreement
dated 20.1.1976 in support of their claim that they are having ... records reveals as under:-
"1.2.1
BOB presented the pari-passu agreement dated 20.1.1976 in support of
their claim. The said pari-passu agreement dated
instrument was not evidencing the deposit of title deeds or pari passu agreement between the financial institutions and the company but it contained recitals such ... company created a joint mortgage by a registered instrument termed as Pari-passu Agreement. Further, he has, inter alia, referred to the terms and conditions
submission
of Mr. Dave, the loan was advanced under pari passu
agreement. The Company has failed to repay the loan
amount and all the financial
submission
of Mr. Dave, the loan was advanced under pari passu
agreement. The Company has failed to repay the loan
amount and all the financial
Chartered Accountants
on the basis of Memorandum of confirmation of pari passu
agreement dated 13.12.1995 executed between GIIC and
GSFC vis-a-vis ratio proposed
Chartered Accountants
on the basis of Memorandum of confirmation of pari passu
agreement dated 13.12.1995 executed between GIIC and
GSFC vis-a-vis ratio proposed
Part-II of Schedule-II of the loan agreement. It provides that the first ranking pari passu charge on both present and future assets shall ... godowns at Naroda road, Ahmedabad, village Khatraj and village Santej ranking pari passu with other institutions. An independent mortgage-deed dated
IDBI has also pari passu charge on the entire fixed assets of the Company in liquidation ranking pari passu charge with Indian Bank and second ... dated 03.02.1995 issued by the Company in liquidation in ceding first pari passu charge on the fixed assets of the Company in liquidation and second
Mortgagee" to point out that first
mortgage charge on paripassu basis has been created and
Page 6 of 60
Downloaded ... submit that there is no reference to the Security Trustee
Agreement or to the security trustee in the entire notice.
Referring to paragraph
