respect of the debentures, were
secured by way of
(a) a pari passu charge, by way of hypothecation, over
Designated Bank Accounts, being Account ... Bank Account‖ and ―SFSL Designated Bank
Account‖, respectively, and
(b) a pari passu pledge over 13,53,92,496 shares, held
by the petitioner
M/S National Highways Authority Of ... vs M/S Bhubaneswar Expressway Private ... on 11 May
also held that the proviso to Section 529
creates a pari passu charge in favour of workmen to the extent of their dues
and makes ... Coach
Builders Ltd. holding that since Sections 529 and 529A create pari
passu charge in favour of workmen to the extent of their dues
creditor shall be deemed to be the subject-matter of a pari passu charge in favour of the workmen. In UCO Bank v. Official Liquidator ... effect of the proviso is to create by statute a charge pari passu in favour of the workmen on every security available to the secured
Balbir Sharma and Mrs. Sudesh
Sharma agreed to create a first pari passu charge on fixed assets
in favour of the Petitioner on the land
Bank, Connaught Place Branch, New Delhi, having pari passu charge on the assets of the company in liquidation and the charge of mis-representation
favour of ICICI Bank. Defendant no.6, however, obtained a pari
passu charge over the DLF penthouse with the ICICI Bank.
8.18. On 4th July ... penthouse was concerned, the defendant
no.6 had a pari passu charge with ICICI to secure their loans.
However, subsequently defendant no.6 took over
Malanpur Steel Ltd. vs Crb Capital Markets Ltd. on 21 November, 2012
Author: Badar Durrez
Securities & Exchange Board Of India vs Crb Capital Market Ltd. on 21 November, 2012
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
