liquidator is the representative of the workmen
entitled to enforce such pari passu charge. He would be in
the position of a co-mortgagee ... exercised in tandem with the rights
of the pari passu charge in favour of the workmen created by
the proviso to Section
counsel submits that in any event the petitioner are secured by pari passu
charge on the hypothecated assets and no case is made
The Official Liquidator High Court ... vs City Limouzene (India) Ltd on 9 June, 2017
Author
The Official Liquidator High Court ... vs City Limouzene (India) Ltd on 9 June, 2017
Author
City Group Investors Welfare ... vs The Official Liquidator Of City Realcom ... on 9 June, 2017
The Official Liquidator High Court ... vs Aryarup Tourism Club Resorts Pvt.Ltd on 9 June
creditors and contributories but also workmen who
would have pari-passu charge thereon.
19. It is submitted that since the leasehold rights of the
respondent
creditors and contributories but also workmen who
would have pari-passu charge thereon.
19. It is submitted that since the leasehold rights of the
respondent
petitioner also learned that the first respondent had further created a
pari passu charge on the mortgaged premises over which the petitioner had first
charge ... attention to the
fact that the first respondent had clear pari passu charge of the State Bank of
Asmita 23/32
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The Official Liquidator High Court ... vs Modistone Ltd on 5 May, 2017
Author: R.D