Excise Authorities Ranked Below Creditors Covered by Section 529A Under Companies Act Section 530 Claim Order.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Even though the Excise Authorities are preferred creditors, but they are covered by Section 530 of the Companies Act and stand in queue after the claims of the creditors covered by Section 529A - HC....