In the case of financing of a financial assetby more than one secured creditors or jointfinancing of a financial asset by securedcreditors no secured creditor shall be entitledto exercise any ... or all of the rights conferred onhim under or pursuant to sub-section unless exercise of such right is agreed upon bythe secured creditors representing not lessthan three-fourth in value of the amountoutstanding as on a record date and suchaction shall be binding on all the securedcreditors

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