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    Companies Law

    Priority of Crown debts - whether the lien under Rule 43 is a...

    Crown Debt Priority vs. Lien Explored u/r 43: Stock Exchange Secured Creditor Holds Priority Over Government Dues.

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    Companies LawOctober 15, 2014Case LawsSC

    Priority of Crown debts - whether the lien under Rule 43 is a statutory lien or is a lien arising out of agreement does not make much of a difference as the Stock Exchange, being a secured creditor, would have priority over Government dues - SC

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