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Section 68 – The Delhi Co-Operative Societies Act,1972

The Delhi Co-Operative Societies Act,1972

68. Priority of contributions assessed by liquidator.-

Notwithstanding anything contained in the Provincial Insolvency Act,1920 (1 of 1920), the contribution assessed by a liquidator shall rank next to debts due to the Government or to any local authority in order of priority in insolvency proceedings.

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The Delhi Co-Opearative Societies Act,1972

Indian LawsBare Acts

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