https://www.taxtmi.com/highlights?id=24199 Jurisdiction of Official liquidator - its specific purpose being to protect the pari passu charge of the workmen’s dues. After ensuring that this purpose is achieved or ensured, the State Financial Corporations can continue to enjoy their statutory rights as secured creditors. They will not be reduced to the status of unsecured creditors and equally will not be required to prove their debts nor will be required to stand in line with other unsecured creditors - SC en-us Wed, 12 Aug 2015 14:09:11 +0530 Wed, 12 Aug 2015 14:09:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=24199 Jurisdiction of Official liquidator - its specific purpose being to protect the pari passu charge of the workmen’s dues. After ensuring that this purpose is achieved or ensured, the State Financial Corporations can continue to enjoy their statutory rights as secured creditors. They will not be reduced to the status of unsecured creditors and equally will not be required to prove their debts nor will be required to stand in line with other unsecured creditors - SC Highlights Companies Law Wed, 12 Aug 2015 14:09:11 +0530 https://www.taxtmi.com/highlights?id=24199