Maintenance to wife, kids will get priority over claim of creditors: SC | India News – Times of India
NEW DELHI: In a significant decision, Supreme Court on Monday ruled that maintenance payable to the estranged wife and children would get priority over claims of secured, financial and operational creditors over the assets of a husband’s firm facing proceedings under the Insolvency and Bankruptcy Code.A bench of Justices Surya Kant and Ujjal Bhuyan refused…