No leave of court is required to create charge except that 25% of amount to be kept in separate no-lien account

COMPANY LAW: Where in suit instituted by plaintiffs seeking a decree in favour of plaintiff No.1 and 2, Court had clarified that to create a charge, etc. no leave of Court was required except that 25% of amount generated was required to be kept in a separate no lien account, in view of fact that defendant Nos.1 and 3 had already freely transferred money to group company and individual accounts of defendants,

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