1. Unsecured Creditors of a company in voluntary liquidation were
Rs 1,20,000 and preferential creditors were Rs. 10,000. Liquidator has Rs. 92,000
pn hand after payment to preferential creditors. Liquidator's remuneration is
Exed at 28. of the amount paid to unsecured creditors including preferential
Feditors. Find out the amount of liquidator's remuneration. How much dividend
Fill be paid to unsecured creditors?
1000-
GT
2007
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