Preferential payments u/s 530

Sir

Both Sec 529A & Sec 530 talks about dues of workmen of Company. But that is the difference between the two ?

How can one know that a particular amount due to worker is covered u/s 529A or 530 ?

Replies (2)

SOmeone reply. 

DEAR SAHIL,

I think the difference is the winding up of the co. on insolvency and other one is general winding up comapanies

 

 

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