📊 Corporate Accounting
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
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✅ Correct Answer: (D) Amount due to employee under amalgamation or reconstruction

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