The Multi-State Co-operative Societies Act, 2002 · X — WINDING UP OF MULTI-STATE CO-OPERATIVE SOCIETY

Section 92. Priority of contributions assessed by liquidator

In force · As amended up to 2026-08

92. Priority of contributions assessed by liquidator.— Notwithstanding anything contained in any law relating to insolvency, the contribution assessed by a liquidator shall rank next to debts due to the Central Government or a State Government or a local authority in accordance with the order of priority in insolvency proceedings.

Source: India Code