Respected members, Kindly solve out these...plzzzzz
1. Explain me the meaning of Deferred Creditors / Debtors...
2. Suitable provisions that upto what amount creditors can be transferreed in Deferred Creditors..?
SHUBHAM (Article Assistant) (48 Points)
12 April 2012Respected members, Kindly solve out these...plzzzzz
1. Explain me the meaning of Deferred Creditors / Debtors...
2. Suitable provisions that upto what amount creditors can be transferreed in Deferred Creditors..?
Madhav Toshniwal
(Student)
(24 Points)
Replied 12 April 2012
person who is owed money by a bankrupt but who is paid only after all other creditors. is called defereed creditor.
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