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True false

This topic has 1 reply, 2 voices, and was last updated 4 years ago by Vijay.

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September 30, 2020 at 7:35 am #587037
garvit
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- Topics: 41
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Hello sir
Liquidator expenses are paid after secured creditors but before members – my ans true
Book – false
Is secured creditor and fixed charge holders different?
October 1, 2020 at 12:11 pm #587137
Vijay
Member
- Topics: 0
- Replies: 258
Hi Garvit,
You are right, Liquidators expenses are indeed paid after secured creditors for example a fixed charge holder. Fixed charge holder is a secured creditor so they are not different.
Kind regards,
Vijay
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