Supreme Court gives preferences to employee’s PF payment over arrears by financial institutions in case of a company’s liquidity - November 10, 2011

The Supreme Court has ruled that in case of a company’s liquidity, its employees PF payment will be given priority over arrears due to banks, financial institutions and the government

Source: www.economictimes.com, November 10, 2011. “Employees must get priority if company is wound up: Supreme Court”