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The amount due in respect
of any contribution or bonus under a scheme framed under this Act or any charges incurred in respect of
the administration of any such scheme, shall, where the liability therefore has accrued before the persons
liable has been adjudicated insolvent or, in the case of a company ordered to be wound up, before the date
of such order, be deemed to be included among the debts which, under section 49 of the
Presidency-towns Insolvency Act, 1909 (3 of 1909), or under section 61 of the Provincial Insolvency Act,
1920 (5 of 1920), or under section 230 of the 1[Companies Act, 1956 (1 of 1956),] are to be paid in
priority to all other debts in the distribution of the property of the insolvent or the assets of a company
being wound up, as the case may be.
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1. Subs. by Act 23 of 1996, s. 8, for certain words (w.e.f. 31-3-1998).