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
eligible investment subsidy as 1 and 2 instalments respectively in
"paripassu" mode along with term loan by the District and Chairman
this view already taken by us. As per the legal
maxim 'paripassu', the noting without any narration can be
placed with equal footing
mentioned here shall be treated as Member Banks are having
first PariPassu Charge over the same.
3) First Paripassu charge being Primary Security
stock and book debts on 1st
(Please provide details of Paripassu basis amounting to Rs.
guarantee held, the value of 4070.05 Crore in toto