Legal Order Of Payment
"Lo Lo Lo Sadha Pedha Dipped Under Pista Eliachi" (catchy slogan to remember)
Legal expenses
Liquidator's remmuneration
Liquidation expenses
Secured liabilities
Preferential liabilities
Debenture holders
Unsecured creditors
Preference shareholders
Equity Shareholders
I hope my friends would find it easy to remember the legal order of payment..
regards
Rahul Gupta
https://fasttrackinformation.blogspot.com/
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Liquidation of companies
Replies (10)
Good one.It will really prove useful.
rahul yar sahi hai ..
thnx friends...!
GR8 yaar
It would be helpful for me if you have posted it before Nov.07 attempt
But it's ok it will helpful for the students who is going to appear for May 08.
very helpful
gud way to remember difficult procedures....... thnx
Hello friends.
This slogan was given by Mr.jaggi of sukh sagor institute.
Regards
Rahul Gupta
wow...
its really gr8...
Thx, this is good
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