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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 :: Megha
I also faced this Question!!     Rank Answer Posted By  
  Re: 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 3.Debentures 4.Equity shares
# 1
1. bank loan (secured)
2. debentures
3. preference share capital
4. eqity shares
Is This Answer Correct ?    9 Yes 0 No
Nidhi Khaitan

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