charge is created in favour of workmen in respect of dues over
the security of every secured creditor and this charge is pari
passu with ... charge is
created in favour of workmen in respect of their dues over the
security of every secured creditor and this charge is pari passu
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 ... charge
is created in favour of workmen in respect of dues over the
security of every secured creditor and this charge is pari passu
with
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 ... charge
is created in favour of workmen in respect of dues over the
security of every secured creditor and this charge is pari passu
with
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 ... charge is created in favour of workmen
in respect of dues over the security of every secured creditor
and this charge is pari passu with
Suraksha Asset Reconstruction Ltd. ("Suraksha"), submits that
Suraksha shares pari-passu charge over the Defendant vessel with
IDBI, the decree-holder
respect
of their dues from the company and this charge is pari passu with that of the
secured creditor and is to the extent ... section (1) of
Section 529 of the Companies Act rank pari passu with the workmen's dues
for the purposes of Section 529A
respect of their dues from the company and this charge is pari passu with
that of the secured creditor and is to the extent ... section (1) of
Section 529 of the Companies Act rank pari passu with the workmen's dues
for the purposes of Section
claim
over the said property unless the applicants have a charge duly
registered under the provisions of section 125 of the Companies ... Official Liquidator the said
amount shall be subject to a Pari Passu claim of the workmen.
Vishal Parekar 5/28
::: Uploaded on - 12/04/2023
claim
over the said property unless the applicants have a charge duly
registered under the provisions of section 125 of the Companies ... Official Liquidator the said
amount shall be subject to a Pari Passu claim of the workmen.
Vishal Parekar 5/28
::: Uploaded on - 12/04/2023
Judgment
dated 13 December, 2019 passed in Writ Petition 1039 of 2017 pari
1 Writ Petition No. 1039 of 2017 decided on 13 December ... 2023 11:58:54 :::
16.WP4365_2023F.DOC
passu. It was held that the dues of a secured debtor rank above the
dues
