A) Amount due to workman is rank with secured creditors in the event of liquidation of company
B) Salaries due to director, manage, secretary etc., are preferential
C) All revenue taxes due to government within 12 months before the date of commencement of winding up is preferential
D) Calls in advance on shares have priority over payment of paid up share capital of that class
Correct Answer: B
You need to login to perform this action.
You will be redirected in
3 sec