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Q. |
Which of the following is not a preferential creditors: |
A. | All sum due to employee from a provident fund, pension fund, gratuity fund or any other fund maintain for welfare of employee. |
B. | Compensation under workmen’s compensation act. |
C. | Amount due under employees state insurance act for 12 months previous to the winding up |
D. | Amount due to employee under amalgamation or reconstruction |
Answer» D. Amount due to employee under amalgamation or reconstruction |
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