Employees Provident Funds and Miscellaneous Provisions Act, 1952—Section 11(2)—Words “all other debts”—Held, the words “all other debts” used in Section 11(2) would necessarily include the debts due to secured creditors like banks, financial institutions etc.
Thursday, December 15, 2011
Employees Provident Funds and Miscellaneous Provisions Act, 1952, Section 11(2)
Employees Provident Funds and Miscellaneous Provisions Act, 1952—Section 11(2)—Words “all other debts”—Held, the words “all other debts” used in Section 11(2) would necessarily include the debts due to secured creditors like banks, financial institutions etc.
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