MCQOPTIONS
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| 1. |
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» E. | |