Notwithstanding anything contained in the Provincial Insolvency Act, 1920 (5 of 1920), the contribution assessed by liquidator shall rank next to debts due to the Government or to any local authority in order of priority insolvency proceedings.
Section 81: Priority of contribution assessed by liquidator
The Himachal Pradesh Cooperative Societies Act, 1968State Act of Himachal Pradesh · Act 3 of 1969
Where this provision sits
| Act | The Himachal Pradesh Cooperative Societies Act, 1968 |
|---|---|
| Section | 81 |
| Marginal note | Priority of contribution assessed by liquidator |
| Jurisdiction | State of Himachal Pradesh |
| Status | In force as published by the source |
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