preferential creditor sentence in Hindi
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- So they were not subject to claims of preferential creditors.
- Preferential creditors, such as employees are second in line, followed by holders of any debentures.
- Preferential creditors, such as employees, are second in line, followed by holders of any debentures.
- So the preferential creditors had a prior claim.
- The right of the Crown as a preferential creditor was removed by the Enterprise Act 2002.
- The balance available, if any, after the non-preferential creditors are repaid is distributed amongst the company's shareholders.
- The balance available, if any, after the preferential creditors are repaid is available to repay the non-preferential creditors.
- However, the company liquidator argued that the accountants should only be paid after preferential creditors and debenture holders.
- The balance available, if any, after the preferential creditors are repaid is available to repay the non-preferential creditors.
- While the existing law listed 20 preferential creditors, he said the provision violated the spirit of everyone being treated equally.
- Cayman Islands law only provides for a very small class of preferential creditors, and these are rarely commercially significant in insolvent liquidations.
- In cases of bankruptcy, certain creditors held a statutory preference ( preferential creditors ) including women, officers of the court, and feudal lords.
- British Virgin Islands law only provides for a very small class of preferential creditor, and these are rarely commercially significant in insolvent liquidations.
- "We would like the whole lot ( of preferential creditors ) to go, but I'm afraid we would have to concede, " he said.
- In most legal systems, only fixed security takes precedence over all claims; security by way of floating charge may be postponed to the preferential creditors.
- The preferential creditors have priority over the bank's claims under the debenture to the sums realisable from the book debts and other debts of the company.
- EMPLOYEES and the government should lose their preferential creditor status in recovering money owed them when a company goes into liquidation, the Law Reform Commission has suggested.
- In some legal systems, preferential creditors take priority over all other creditors, including creditors holding security, but more commonly the preferential creditors are only given priority over unsecured creditors.
- However an automatic crystallisation clause would mean that at the time of insolvency-when preferential creditors'claims are determined-there would be no floating charge above which preferential creditors could be elevated.
- However an automatic crystallisation clause would mean that at the time of insolvency-when preferential creditors'claims are determined-there would be no floating charge above which preferential creditors could be elevated.
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preferential creditor sentences in Hindi. What are the example sentences for preferential creditor? preferential creditor English meaning, translation, pronunciation, synonyms and example sentences are provided by Hindlish.com.