Court : Mumbai Aurangabad
Decided on : Feb-13-2014
..... acquire the status of secured creditors. pertinently, while inserting section 529-a in the companies act by the companies (amendment) act, 1985, the proviso to sub-section (1) of section 529 was also inserted which provides that the security of every secured creditor shall be ..... in a case of bank of maharashtra vs. pandurang keshav gorwardkar referred supra has observed as under : 59. section 529-a was inserted by companies (amendment) act, 1985. by incorporation of this provision, workmens dues rank pari passu with secured creditors. in other words, the workmen of the company in winding up ..... , unless the assets are insufficient to meet them, in which case they shall abate in equal proportions] the securitisation and reconstruction of financial assets and enforcement of security interest act, 2002 1. .... 2. .... 13. enforcement of security interest. (1) ........ (2) ........................ (9) in the case of financing of a financial asset .....
Tag this Judgment!Court : Mumbai Aurangabad
Decided on : Jan-29-2014
..... wide ranging functions which are now enumerated in the constitution. they are now given a status under part ix a of the constitution introduced by the 74th amendment w.e.f. 1.6.1993. article 243-w lays down the powers of the municipalities to perform the functions which are listed in the twelfth ..... of monopolies and restrictive trade practices commission and former chairman of railway tariff committee, in his monograph jawaharlal nehru and the planning commission? (published by indian institute of public administration in september, 1964) notes that nehru linked up the work of planning commission directly to the fundamental rights and the directive principles ..... and onerous to fulfill the task and obligations in terms of the municipal law and the planning law. the scheme of the m.r.t.p. act, 1966 act has been set out and what is alleged is that the sanctioned development plan envisages designations, reservations and proposals for providing educational facilities, recreation, entertainment, .....
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