Creditor Protection & Preferential Payments under Corporate Finance | Companies Act Explained
Автор: Law Patakha
Загружено: 2026-02-13
Просмотров: 9
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In this video, we will understand an important topic of Corporate Finance – Protection of Creditors and Preferential Payments in an easy and exam-friendly way.
This lecture covers:
✔ Who are Creditors?
✔ Rights of Creditors
✔ Need for Creditor Protection
✔ Protection by Company & Government
✔ Preferential Payments in Liquidation
✔ Order of Payment during Winding Up
✔ Case Example: Nirav Modi – Punjab National Bank (PNB) Fraud
This topic is very important for:
📚 LLB Students
📚 LLM Students
📚 Judiciary Aspirants
📚 Company Law Exams
📚 UGC NET Law
Corporate law ensures that creditors are protected from fraud, unfair treatment, and non-payment. Preferential payment rules help maintain financial stability during company liquidation.
If you found this lecture helpful, please Like, Share, and Subscribe to support easy legal education.
#CorporateFinance #CorporateLaw #CompaniesAct2013 #CreditorProtection #PreferentialPayment #LLB #LLM #JudiciaryPreparation #LawStudents #CompanyLaw
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