Legal Question in Banking Law in Pakistan
Banking Law
What is Joint Pari Passu Charge
Asked on 6/03/09, 3:13 am
1 Answer from Attorneys
Re: Banking Law
when more than one creditors are there for their financial claim against a company. than modus of reclamation or liquidity of the financial indebt towards the creditors may be considered as at equal pace (pari passu).
Answered on 6/03/09, 5:16 am
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