Salary payable to workmen in the event of winding up of a company under the Companies Act, 2013 is the…
Workmen's salary dues are included in overriding preferential payments under section 326 of the Companies Act, 2013. This priority applies to winding up under that Act, with…
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Salary payable to workmen in the event of winding up of a company under the Companies Act, 2013 is the liability classified as __________.
Answer and explanation
Correct answer D
Workmen's salary dues are included in overriding preferential payments under section 326 of the Companies Act, 2013. This priority applies to winding up under that Act, with the statutory conditions governing payment.
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Rajasthan SET (RSET)