Preferential debts means the debts specified in the Preferential Payments Act 1908.

Preferential debts means Companies Act preferential debts and Employment Act preferential debts.”;

Preferential debts means the categories of debts described in section 227 (preferential debts) of the Insolvency Regulations 2015.

Examples of Preferential debts in a sentence

Preferential debts were previously limited, broadly, to unpaid contribution obligations to occupational pension schemes, certain claims of employees in relation to remuneration and unpaid levies on coal and steel production.
Under the liquidation, the dividends were as follows: Preferential debts of £10809.22 received 100p per pound and unsecured debts of £52,851 received 0p in the pound.
Preferential debts (1) Subject to the application of any other laws as described in Article 101, in a winding up the Company's preferential debts shall be paid in priority to all other debts.(2) The Board of Directors of the DIFCA may make such Regulations as it sees fit to designate certain types of claim on a Company as preferential debts and to prescribe any priorities as to their payment.
Incase if the project is related to the hook-up then the project department should ensure the pre-fabricated and after fabrication documents b received for the records and reference from the client.
Preferential debts (employee liabilities and other taxes such as VAT, corporation and income tax).

More Definitions of Preferential debts

Preferential debts. ' means the categories of debts listed in sec- tion 367 and for the purposes of that section ''the relevant date'' is the date of possession being taken as above mentioned.'

Preferential debts means the categories of debts listed in Schedule 6 to the Insolvency Act; and for the purposes of that Schedule “the relevant date” is the date of possession being taken as above mentioned.

Preferential debts means the debts of the Debtor specified in Part IV which fall within the meaning of 'preferential debts' as that term is defined in section 67(4);

Preferential debts means the categories of debts listed in Schedule 6 to the Insolvency Act 1986 (c. 45) or Schedule 4 to the Insolvency (Northern Ireland) Order 1989 (S.I. 1989/2405 (N.I.19)).

Preferential debts as interpreted in Section 386 of the Insolvency Act 1986 of England and Wales and listed in Schedule 6 of that Act.

Preferential debts means the debts referred to in section 12 (4), (5) and (6) ;

Preferential debts has the meaning specified in Section 386 of the Insolvency Act of 1986 of the United Kingdom.