Persons entitled
- Idb
Amount secured
120000
Short particulars
Debenture floating charge all the companys under- taking goodwill property and assets of whatsoever nature and wheresoever situated both present and future including any uncalled capital. The company covenants not to create any charge on the mortgage (floating or specific) on the whole or even part of the undertaking property and assets of the company to rank in priority or pari passu with this charge without the prior consent in writing of idb.