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Pari Passu clause

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(Querist)
16 July 2011 I want to know about pari passu clause.Will you please send me some file for good clarification of this topic.

My e-mail id is kscankit@gmail.com
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
16 July 2011 It is simple terms it means on equal terms with the existing.

See this link for further details

http://en.wikipedia.org/wiki/Pari_passu

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