https://www.taxtmi.com/caselaws?id=97687 Under the Indian Companies Act, 1913, a rule framed for winding-up could not enlarge the statutory classes of preferential debts beyond those given priority by section 230. Rent accruing after a winding-up order, while the premises remained in the liquidators' occupation, did not automatically rank in priority under rule 97; it remained an ordinary unsecured debt unless the occupation was for liquidation purposes and the rent was properly referable to the costs and expenses of winding up. On the facts, the landlord was not entitled to priority payment, and the rent claim ranked with ordinary creditors. en-us Tue, 10 Nov 1959 00:00:00 +0530 Wed, 03 Sep 2014 22:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97687 Under the Indian Companies Act, 1913, a rule framed for winding-up could not enlarge the statutory classes of preferential debts beyond those given priority by section 230. Rent accruing after a winding-up order, while the premises remained in the liquidators' occupation, did not automatically rank in priority under rule 97; it remained an ordinary unsecured debt unless the occupation was for liquidation purposes and the rent was properly referable to the costs and expenses of winding up. On the facts, the landlord was not entitled to priority payment, and the rent claim ranked with ordinary creditors. Case-Laws Companies Law Tue, 10 Nov 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97687