Lawgist logo - L! Lawgist.
The Employees Compensation Act

14ACompensation to be first charge on assets transferred by employer

1[14A. Compensation to be first charge on assets transferred by employer.--Where an employer transfers his assets before any amount due in respect of any compensation, the liability where for accrued before the date of the transfer, has been paid, such amount shall, notwithstanding anything contained in any other law for the time being in force, be a first charge on that part of the assets so transferred as consists of immovable property.]

Download our fully-offline, High speed android app.- Click here

1. Ins. by Act 8 of 1959, s. 10 (w.e.f.1-6-1959).

Download the App Now!

Get our Android app for fast and offline Access.

Get it on Google Play
Lawgist is not a law firm and does not engage in the practice of law or provide legal advice or legal representation. All information, software, services, and comments provided on this site are for informational and self-help purposes only and are not intended to be a substitute for professional legal advice. Use of this site is subject to our Terms and Conditions, Disclaimer, and Privacy Policy.About Us Made in ♥ with India, Internet and Lots of Courtroom Dramas