Priority of ESI dues and secured creditors' mortgage rights referred for Division Bench determination.

The Gujarat High Court referred the matter to a Division Bench for decision on whether ESI dues have priority over secured creditors' claims, whether employees' contribution retains a trust character, and how prior mortgage rights affect the competing interests. The reference leaves those questions for determination by the Division Bench.

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Outcome: The matter was referred to the Division Bench for decision on the questions framed, including the priority of ESI dues, the effect of trust character of employees' contribution, and the impact of prior mortgage rights of secured creditors.

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