Distribution of assets - Workmen dues - whether part of ...

Case Laws Insolvency and Bankruptcy

May 29, 2019

Distribution of assets - Workmen dues - whether part of liquidation estate assets or not? - The provident fund dues, pension funds dues and gratuity fund dues are not treated as a part of the liquidation estate and would not, therefore, be recovered by Section 53 of the Code which provides for waterfall mechanism

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Distribution of assets - Workmen dues - whether part of ...

Case Laws Insolvency and Bankruptcy

May 29, 2019

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