Section 529a &; 530 - liquidation of companies

Hi,

Please can anyone solve my basic doubts with relates to section 529A & 530 of the companies act, 1956 in case of liquidation of the companies. How we can segregate th epayment between overridding preferential creditors & secured creditors by using section 529A??????

Please help me on this....its so confusing!!!!!!!

REgards 

Jigna