1968 (2) TMI 70 - HC - Companies Law

Summary

The appeal was against the official liquidator's order allowing the Regional Provident Fund Commissioner's claim of Rs. 1,445-24P against Pipraich Sugar Mills Ltd. The court held that the claim is entitled to priority under section 530 of the Companies Act, 1956. The appeal was allowed, and the claim was directed to be treated as a preferential claim. No costs were awarded.