https://www.taxtmi.com/caselaws?id=103133 The court upheld the bank's status as a secured creditor based on the ex parte decree obtained, emphasizing the binding nature of the decree until set aside. The company's appeal to remove the bank from the list of creditors was dismissed, with the court affirming the bank's position as a secured creditor in the voluntary liquidation scenario. The judgment referenced legal principles governing secured creditors and highlighted that the bank's status would persist unless the ex parte decree was overturned. en-us Tue, 29 Oct 1991 00:00:00 +0530 Mon, 20 Feb 2012 18:15:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103133 The court upheld the bank's status as a secured creditor based on the ex parte decree obtained, emphasizing the binding nature of the decree until set aside. The company's appeal to remove the bank from the list of creditors was dismissed, with the court affirming the bank's position as a secured creditor in the voluntary liquidation scenario. The judgment referenced legal principles governing secured creditors and highlighted that the bank's status would persist unless the ex parte decree was overturned. Case-Laws Companies Law Tue, 29 Oct 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103133