State Act
81
Section 81. Priority of contribution assessed by liquidator.
The Himachal Pradesh Cooperative Societies Act, 1968
Act no. 3 of 19691969In forceHimachal Pradesh (State Act)
81. Priority of contribution assessed by liquidator.- 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.