every secured creditor shall be deemed to be subject to a pari passu charge in favour of the workmen. In a case where a secured ... conceded that the charge in favour of the workmen was a pari passu charge and in that view of the matter he did not dispute
every secured creditor shall be deemed to be subject to pari passu charge in favour of the workmen . In a case, where a secured creditor ... fairly conceded that charge in favour of the workmen was a pari passu charge and in that view of the matter he did not dispute
meant for distribution among the Corporation, workmen, who have a pari passu charge and other secured creditors, if any, having right over the same ... charge of the Corporation over the properties covered by the Valuation Report, there is charge of another secured creditor and pari passu charge
exercised with the right of pari passu charge holder in whose favour the statutory charge is created by the proviso to section ... obligatory upon the liquidator to represent the workmen and enforce the pari passu charge in favour of the workmen and to ensure that the amount
debts of the SFC and, therefore, the SFC which has a pari passu charge with that of the Canara Bank is a secured creditor ... company in favour of the SFC, inter se agreement creating a pari passu charge dated January 11, 1982, between the company, the SFC and Canara
every secured creditor shall be deemed to be subject to a pari passu charge in favour of the workmen to the extent of workmen ... such statutory right to sell the property with the rights of pari passu charge holders in whose favour statutory charge is created by the provisions
other second charge holders, including workmen, who are also having pari passu charge, will be the losers. In support of his case, he relied ... comes on the record of the case that there is a pari passu charge in respect of workmen's dues on the assets
honoured its ceding in principle of the pari passu charge issued earlier, that as such they had reduced the loan to 200 lakhs, that ... company in liquidation remain charged for payment of the workmen's dues and such charge will rank pari passu with the charge
every secured creditor shall be deemed to be subject to a pari passu charge in favour of the workmen to the extent of workmen ... such statutory right to sell the property with the rights of pari passu charge holders in whose favour statutory charge is created by the provisions
KSIIDC has to contend with the pari passu charge in favour of the workmen's dues, the workmen being represented by the Official Liquidator ... also Section 529-A of the Act, having created pari passu charge in favour of the workmen, same would affect the right ofthe appellant KSIIDC
