Amendment status not verified — confirm the current text below against the official source.
Made of recovery of money due from coir workers, self-emploted pen—ans, omp'loyerndealer: and producers of coir product5.——Any amount due from the coir workers, self-employed persons, employers, dealers and producers of coir products in pursuance of the provisrons of thrs 'Act or the Scheme may, if the amount is in arrears, be recovered in the same manner as an arrcar of. ‘public revenue dire on land. 14-. Priority of payment ofcontribution 0051' other deth—iWhere any employer or dealer or producer of coir products liable to pay contributions under se'ctron 4 is adjudicated as insolvent or, in case such employer or dealer or producer of coir products is a company, an order for winding up is inade, the amount due from such employer or dealer or producer of coir products under this Act or the scheme shall, where the liability therefor has accrued belhre the order of adjudication or winding up rs made, ,‘be deemed to be included among the debts which under section 64 ofthe Insolvency Act, 1955 (2 of 1956) or under section 530 ofthe Companies Act, 1956 (Central Act 1 of1956) are to be paid in priority to all other debts ‘in the distribution of the property ofthc insolvent or the assets of the company being wound up, as the case may be