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 employee’s 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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