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2019 (12) TMI 1610 - NATIONAL COMPANY LAW TRIBUNAL, MUMBAIRecovery of dues - priority of claims - whether the second charge holder has any right to claim priority over the first charge holder? - HELD THAT:- This question has already been answered in the court itself and the Liquidator is directed to distribute the funds strictly adhering to the ratios as arrived by him for the first charge holder as per the Code. If at all any grievance on the part of the second charge holder, they may approach the competent court but they have no authority to approach this Bench. Application disposed off.
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