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The term 'pari-passu'means
Equal right of another creditor with that of the secured creditor.
Unequal right of another creditor with that of the secured creditor
Share in the remaining, after due appropriation.
None of the above.
the term means at the "same. rate" or "equal footing' 'ranking equally'; 'hand-inhand. "with equal force"
By: santosh ProfileResourcesReport error
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