TMI BlogOverriding preferential payments.X X X X Extracts X X X X X X X X Extracts X X X X ..... nything contained in this Act or any other law for the time being in force, in the winding up of a company,-- (a) workmen's dues; and (b) debts due to secured creditors to the extent such debts ra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er period as may be prescribed, shall be paid in priority to all other debts (including debts due to secured creditors), within a period of thirty days of sale of assets and shall be subject to such c ..... X X X X Extracts X X X X X X X X Extracts X X X X
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