In the sale proceeds of pledged security is not sufficient to pay off secured creditors fully, the balance is to be added to?

In the sale proceeds of pledged security is not sufficient to pay off secured creditors fully, the balance is to be added to

1.preferential creditors

2.preference share capital

3.unsecured creditors

4.secured creditors

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In the sale proceeds of pledged security is not sufficient to pay off secured creditors fully, the balance is to be added to?

Found something interesting ?

We don't just promise. Here is what we guarantee!

Related Model Questions

Business analysts use the model of supply and demand to discover key elements about their industries and their own organizations.

What size IPS wire rope would you specify if the rope is to be of regular lay construction?

Discuss the statistical significance of the explanatory/independent variables

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