cover the remaining default outstanding principal amount actually disbursed amount on paripassu basis upto the maximum guaranteed amount. (2) The implementing agency shall finalise
fully described in the schedule 'A' and mortgaged along with
paripassu charge with State Bank of Mysore i.e., defendant ... Letter of Authority dated.19.12.2005 for paripassu charge issued by
State Bank of Mysore West of Chord Branch and the Letter ceding
paripassu
ICICI BANK 902.cp.511.2014.doc
September, 2009 creating a first paripassu charge over its fixed
assets and second paripassu charge over its current ... memorandum of
entry dated 18 September, 2009 creating a first paripassu charge in
respect of all its immovable properties. To secure the Petitioner, the
subsidiary
Consent Terms, the charge of
these employees is only by paripassu under Section 529-A of the
Companies Act, Section ... from any court of competent
jurisdiction and if they are entitled to paripassu charge
under Section 529 - A of the Companies Act , then in that
held that ONGC was entitled to paripassu distribution from the funds available with the Official Liquidator.
9.5 Strong reliance was placed on definition ... every Secured Creditor shall be deemed to be subject to a paripassu charge in favour of the Workmen to the extent of the Workmen
Petitioner and Ann. D
sending the drafts of Memorandum of Entry and
Paripassu Agreement for approval by the Respondent
No.2 for creating pari-passu ... structures, erection and godowns the
and anything attached to the earth for paripassu first Affidavit
charge in favour of the Respondent No.1 for Term
that the assets of the company shall be made
available for distribution paripassu amongst the creditors of the company
and that no creditor should obtain ... under which the estate has to be distributed amongst
the creditors paripassu and every creditor has an equal share unless anyone
has already a part
towards purchase of land and machinery. There was an arrangement of
Paripassu on 30.04.1984 among the defendant, S IPC OT and Canara
Bank for sharing ... plaintiff is a
chronic and willful defaulter. As per the Paripassu arrangement dated
30.04.1981, the plaintiff
other words, by the issue of bonus shares pro rata,
which ranked paripassu with the existing shares, the
market price was exactly halved, and divided ... ordinarily be the case
but not when the share do not rank paripassu and we shall
deal with that case separately. When the shares rank
held in these cases that if the bonus shares ranked paripassu with the old shares, they should be valued by spreading original cost over ... shares. It is not in dispute here that the bonus shares ranked paripassu with the original shares. With these observations, the Assessing Officer adopted
