Bare ActsKerala Khadi Workers' Welfare Fund Act, 1989

Section 13

Priority to payment of contribution over other debts

Amendment status not verified — confirm the current text below against the official source.

Where any Khadi Institution liable to pay contribution to the Fund under section 4 is adjudicated as insolvent, the contribution due to the Fund shall be deemed to be included among the debits of the insolvent institution and be paid in priority to all other debts in the distribution of property or assets of such institution.

Section 13 – Kerala Khadi Workers' Welfare Fund Act, 1989 | DailyLaw.ai