obstante clause in
Section 529A of the Companies Act providing for pari passu
charge of the workmen.
In International coach Builders Ltd., this Court ... Company Court for the limited purpose of
ensuring that the pari passu charge in favour of the workmen
is safeguarded by imposition of suitable conditions
Paripassu Agreement for approval by the Respondent
No.2 for creating pari-passu charge.
(Produced by the Respondent Nos. 1 along with
Affidavit dated ... Form No. 8 & 13 filed showing registration of pari Para 3.5
passu first charge of the Survey No. 215, Village Page 370
Ghanghli, Taluka
determinative of the
respective rights of the parties;
t. the pari passu charge envisaged by a conjoint reading of
Sections 529 and 529A ... affect the rights of financial corporations because
of a "pari passu" charge in favour of the workmen. In respect
Page
Bank Of Baroda vs Official Liquidator on 6 September, 2018
Author: R.M.Chhaya
Bench
Msk Real Estates Pvt Ltd vs Deputy Commisioner Of Income Tax, ... on 21 March, 2018
Official Liquidator Of Ardor ... vs Bank Of India on 5 September, 2018
Author: R.M
