every secured creditor shall be deemed to be subject to a pari passu charge in favour of the workmen to the extent of the workmen ... outside the winding up court, shall be deemed subject to a pari passu charge in favour of the workmen to the extent of the workmen
every secured creditor shall be deemed to be subject to a pari passu charge in favour of the workmen to the extent of the workmen ... outside the winding up Court shall be deemed subject to a pari passu charge in favour of the workmen to the extent of the workmen
loan agreement. The plea. that respondent No. 2 held any pari passu charge with petitioners for any term loan ... copy of letter dated 4th June, 1974 issued by Ifgi, ceding pari passu charge in favor of respondent No. 2. This return is stated
workmen's dues and the secured creditors dues which rank pari passu should be paid in priority to all other debts. The workmen ... liquidation would remain charged for the payment of workmen's dues and such charge will be pari passu with the charge of the secured
respondent I are mortgaged to the IFCI and the Bank on pari passu basis. The said Bank has been imp leaded in the petition ... shall be a liability to be distributed pro rata on a pari passu basis amongst the IFCI and respondent 2.
19. The assertion
Narendra Kumar Maheshwari vs Union Of India & Ors on 3 May, 1989
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Aryavarta Plywood Limited vs Rajasthan State Industrial And ... on 15 November, 1989
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Ramkumar vs Union Of India (Uoi) on 14 September, 1989
Equivalent citations: 1990CRILJ546
JUDGMENT
V
R.N. Jalan vs Deccan Enterprises Pvt. Ltd. And Ors. on 23 November, 1989
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Prabhakar Mahadeo Pokale vs State Of Goa And Another on 21 February, 1989
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