Hi,
Please can anyone solve my basic doubts with relates to section 529A & 530 of the companies act, 1956 in case of liquidation of the companies. How we can segregate th epayment between overridding preferential creditors & secured creditors by using section 529A??????
Please help me on this....its so confusing!!!!!!!
REgards
Jigna
Section 529A give the preferential chart for making payment or distributing the realization amount ....
So please check Section 529A in detail from ICSI study material.
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