Religare Finvest Ltd., New Delhi vs Dcit, Circle- 21(1), New Delhi on 13 July
Sicom Limited & Anr vs Kitply Industries Ltd & Ors on 10 April, 2023
1
Head `State Bank of India, it is mentioned as `Second Pari passu
Charge', on the following properties for Term Loans:
(1) Office space situated
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 ... cash equivalent
of RHFL. Thus, the Debenture Trustee holds a pari passu charge on
assets of RHFL, along with the ICA Lenders. He has further
Instruments (If any), whether
by way of first or second charge, if any (in any form and in any manner
and intent that ... Assignee hypothecation hereafter or mortgage, or
by way of absolute or pari passu charge, absolutely and forever to the
end entitled shall be the full
credit facility was secured by the Corporate Debtor by creating
a pari passu charge of the flats of the project 'RNA Address', entered
Business Park is
Rs.51,32,34,718/-. The Appellant having pari passu charge the liquidation
value of the security interest in the Universal Business
allocated by lead bank based on
assessment.
v) If pari passu with other WC lenders, charge by way of hypothecation of all
current assets ... company, both present and future (our share 32%)
second pari passu charge for total WC limits only on entire fixed assets both
movable and immovable
larger public interest warrants the disclosure of such
information.
vi) First exclusive charge of Canara Bank on property located at PE-25, Nichi
Mangli, Ludhiana ... charge of Canara Bank. For all the other
mortgaged assets 1st Pari Passu charge of consortium (Our share 19.50%)
vii) Our share in consortium
Instruments (If any), whether by way of first or
second charge, if any (in any form and in any manner and intent that ... Assignee hypothecation hereafter or mortgage, or by way of absolute or pari
passu charge, absolutely and forever to the end entitled shall be the full