Under the Insolvency and Bankruptcy Code, 2016, debts owed to a secured creditor in
the event such secured creditor has relinquished security ranks equally with
___________.
a) insolvency resolution process costs
b) workmen’s dues for a period of 24 months prior to liquidation commencement date
c) wages and any unpaid dues owed to employees other than workmen for the period of
twelve months preceding the liquidation commencement date
d) dues to Central Government

1 Answer

Answer :

b) workmen’s dues for a period of 24 months prior to liquidation commencement date

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