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2000 (8) TMI 986 - SUPREME COURT
Whether section 29 can override provisions of the proviso to sub-section (1) of section 529 and section 529A?
Whether the Corporation can exercise its rights under above section 29 ignoring a pari passu charge of the workmen?
Held that: Appeal dismissed. It was not at all necessary for the Financial Corporation to approach this Court for permission to stay outside the winding up proceedings.