ope
x3
total collection of money =7,00,000,
liquidation expences 28,000, 8% debenture
rs 20,000,fully secured creditors = 30,000
preferential creditors = 75,000, unsecured
creditors= 4,12,000 equity shares= 2,50,000
calculate commission on the payment to
unsecured creditors. Rate of commission is
3%
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Answer
181SNI
A. a) 12,630
B.
b) 12,360
sed
C.
c) 12,036
D
d) 12 063
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