Is salary payable to workers a preferential payment?

Question added by mukkur srinivasan varadhan , Chartered Accountant , Chartered Accountant in practice
Date Posted: 2013/12/15

Upvote (2) Views (6) Followers (1) Answers (5) Report Question

by Rehan Qureshi , Financial Consultant , Self Employeed

Salary payable to workers is not a a preferential payment at all

by Shamsi Khan , General Manager Supply Chain, Procurement & Operations , Oyster Group (MBK & MFK)

Salary and gratuity payable to workers is preferential payment as specified in the Companies Ordinance,1984 in Pakistan.

by Nidia Nel , Senior Billing Clerk , Re-Ethical

by Raihan Raihan , Audit Supervisor , Nasir Mohammad &CO.

Salary payable to worker is a preferential payment because workers are tne main heart of a manufacturing organization to run.

by Khadija Al Habsi , Management Accountant , Majis Industrial Service Co.SAOC

No, It is not a preferetial Payment

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