comes to be known that the 'Assignment Agreement'
was executed between the Assignor Bank and the Appellant on 03.05.2011
based on which ... Rupees Forty Lakhs together with
Corporation Bank. Besides this, a pari-passu agreement was executed
between the Corporation Bank, Vijaya Bank (Appellant Assignor
consistently recognised the pari passu 12.1 55-56
charge
12. Overriding effect of Section 238 13 56-57
13 . The Arrangement is subject ... Services Providers
RBI Reserve Bank of India
MOU Memorandum of Understanding
Arrangement Agreement between the CoC and NHB
Piramal Piramal Capital & Housing Finance Limited
consistently recognised the pari passu 12.1 55-56
charge
12. Overriding effect of Section 238 13 56-57
13 . The Arrangement is subject ... Services Providers
RBI Reserve Bank of India
MOU Memorandum of Understanding
Arrangement Agreement between the CoC and NHB
Piramal Piramal Capital & Housing Finance Limited
further submitted that ICA
Lenders are secured by a first ranking pari passu charge on all book
debts/receivables, cash and cash equivalents of RHFL ... NCDs. He has further argued that under the
Debenture Trustee Agreement, a pari passu hypothecation charge is
created on all book debts and receivables, cash
amount granted
under the Facility 1 Agreement, on 27th November, 2012, the security by
way of first pari passu charge over the Subject Property ... Facility Agreement 2, charge created on the Subject Property was extended
to secure Facility 2. Accordingly, a first pari passu charge
talk about priority inter-se secured creditors.
Thus, valid inter-creditor/subordination agreements
would continue to govern their relationship. Further
sub-section (2) of section ... context of section 53(1)(b), any agreements
between workmen and secured creditors which
disrupts their pari passu rights will be disregarded by
the liquidator
over the assets of the Company and others had pari-
passu charge.
9. The Loan agreement dated 15.12.1989 was signed by the
IDBI on behalf
over the assets of the Company and others had pari-
passu charge.
9. The Loan agreement dated 15.12.1989 was signed by the
IDBI on behalf
over the assets of the Company and others had pari-
passu charge.
9. The Loan agreement dated 15.12.1989 was signed by the
IDBI on behalf
favour of the borrower against first pari passu
charge on the assets of the company.
iv. Loan agreement was entered on 17.07.2012 with borrower