Preferential payments u/s 530

Others 509 views 2 replies

Sir

Both Sec 529A & Sec 530 talks about dues of workmen of Company. But that is the difference between the two ?

How can one know that a particular amount due to worker is covered u/s 529A or 530 ?

Replies (2)

SOmeone reply. 

DEAR SAHIL,

I think the difference is the winding up of the co. on insolvency and other one is general winding up comapanies

 

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register