Highlight the types of debts which are treated as preferential in a winding up under the Companies Act.

• All taxes and local rates due from the company in arrears for not more than one year.
• All government rents in areas for not more than one year in arrear.
• All wages or salary of any clerk or servant other than a director in respect of services rendered to the company during the four months before the commencement of winding up.
• Any amount payable in respect of any compensation or liability for compensation under the Workmen‟s Compensation Act accruing before the date of commencement of winding up.
Any amount due in respect of contributions payable during the 12 months before the commencement of winding up, by the company as the employer of any person under the NSSF