https://www.taxtmi.com/caselaws?id=98517 Employer's contribution to a provident fund payable by a company in liquidation was treated as a preferential claim in winding up. Section 11 of the Employees' Provident Funds Act, 1952 accorded priority to the employer's provident fund contribution, and section 530 of the Companies Act, 1956 covered sums due to a provident fund maintained by the company. The failure to expressly describe the claim as preferential in the proof affidavit was only a technical defect and did not defeat the statutory priority, which attached by operation of law under the winding-up scheme. en-us Mon, 12 Feb 1968 00:00:00 +0530 Fri, 20 Jan 2012 18:28:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98517 Employer's contribution to a provident fund payable by a company in liquidation was treated as a preferential claim in winding up. Section 11 of the Employees' Provident Funds Act, 1952 accorded priority to the employer's provident fund contribution, and section 530 of the Companies Act, 1956 covered sums due to a provident fund maintained by the company. The failure to expressly describe the claim as preferential in the proof affidavit was only a technical defect and did not defeat the statutory priority, which attached by operation of law under the winding-up scheme. Case-Laws Companies Law Mon, 12 Feb 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98517