property proposed to be sold. The petitioner as an assignee held
pari passu charge alongwith the 1st respondent, - Bank of Baroda ("the
Bank ... time before. The
assignee accepted the fact that it had pari passu charge alongwith the
Bank and was satisfied with the same. Without sufficient material
charge on the Vessel DLB Nand Gaurav into a pari-passu charge with
Yes Bank. By the said letter, IDBI Bank Ltd. in its capacity ... amend
its earlier exclusive charge created on DLB Nand Gaurav to pari-
passu charge with Yes Bank. Letter dated 26th July 2017 issued by
IDBI
does hereby hypothecate
as he by way of a first ranking pari
passu charge to the Security Trustee,
acting in trust ... Corporate Debtor, hypothecated their
assets by way of first ranking pari passu charge to the Security
Trustee, who was acting in trust
facility petitioner no. 1 company put up as primary
security, first Pari Passu charge by way of Hypothecation on entire stocks of, inventory,
receivables, bills
Lenders, except to the extent
modified hereunder:
(i) a first ranking pari passu charge
by way of mortgage and charge
over all the immoveable
properties ... both present and future;
(ii) a first ranking pari passu charge
on all movable fixed assets of the
Borrower, both present and
future, including
secured in favour of the said Banks by a
first pari passu charge by way of hypothecation and/or pledge of
the Borrowers Current Assets ... Mortgage in favour of the said Banks ranking first pari
passu charge on the Borrowers immovable properties both present
and future and also such other
secured in favour of the said Banks by a
first pari passu charge by way of hypothecation and/or pledge of
the Borrowers Current Assets ... Mortgage in favour of the said Banks ranking first pari
passu charge on the Borrowers immovable properties both present
and future and also such other
respondent and in mutual agreement with the respondent
No.5, a second charge was created in favour of the
respondent No.2 over ... words, it was agreed with both the bankers that the
mutual pari-passu charge over all the mortgaged
properties. Thereafter, the respondent No.4 requested
Bank of Baroda was partially taken
over by HDFC Bank. A pari passu charge was also created in favour of
HDFC Bank over the mortgaged
Bank of Baroda was partially taken
over by HDFC Bank. A pari passu charge was also created in favour of
HDFC Bank over the mortgaged
