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2005 (9) TMI 310 - SUPREME COURTClaim of secured creditors dismissed - Held that:- Claim of the appellants dismissed that they were secured creditors. The dismissal was based on section 125 of the Companies Act, 1956, which provides that if a charge is not registered then the charge would become void as against the Official Liquidator. The appellants cannot now get any preference over other creditors, in cases like the present.
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