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Categories >> Accounting >> CompanyAffairs CS


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What is preferential order of payment to the following in 
the event of winding up a company?
What is the correct order???
1.Bank loan(secured)
2.Preference share capital
4.Equity shares
 Question Submitted By :: CompanyAffairs-CS
I also faced this Question!!     Answer Posted By  
# 1
1. bank loan (secured)
2. debentures
3. preference share capital
4. eqity shares
Is This Answer Correct ?    10 Yes 0 No
Nidhi Khaitan

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