Section 19
Priority of payment of contributions over other debts.
The Code on Social Security, 2020
About this Act
An Act to amend and consolidate the laws relating to social security with the goal to extend social security to all employees and workers either in the organised or unorganised or any other sectors and for matters connected therewith or incidental thereto.
Notwithstanding anything contained in
any other law for the time being in force, any amount due under this Chapter shall be the charge on the
assets of the establishment to which it relates and shall be paid in priority in accordance with the provisions
of the Insolvency and Bankruptcy Code, 2016 (31 of 2016).