Notwithstanding anything contained in any law relating to insolvency, the contribution assessed by a liquidator of priority of contributions assessed by liquidator of multi state cooperative society shall rank next to debts due to the Central Government or a State Government or a local authority in accordance with the order of priority in insolvency proceedings. Provisions of Section 92 of the 2002 Act are word to word same and tidal to Section 83 of the 1984 Act. Section 92 provides that the contributions assessed by a liquidator shall be payable next to debts due to the inquiry by Central Registrar in credit cooperative society or State Government or any local authority in order of priority in insolvency proceeding. The anon provides that in the winding up proceedings the dues shall be paid in cooperative society to all other debts and liabilities of the society under liquidation. The shall rank equally among themselves and be paid in full unless the assets sufficient to meet them in which case they shall abate in equal proportion, ct to retention of sums for the costs and the expenses of the winding up. Debts shall be discharged forthwith so far as the assets are sufficient to them. Section 61 of the Provincial Insolvency Act, 1920 provides the bunion of property in priority of debts. In the distribution of the pro the insolvent, those shall be paid in priority to all other debts, all debts the government or to any local authority and all salary or wages not twenty rupees in all, of any clerk, servant or legislation of multi state cooperative society in respect of rendered to the insolvent during four months before the date of the person of the petition, and shall be paid in full unless the property of the insole insufficient to meet them, in which case they shall abate in equal pro between themselves, subject to retention of expenses of administrator other charges, the debt specified shall be discharged forthwith so far property of the insolvent is sufficient to meet them. In the case of partners partnership property shall be applicable in the first instance in payment separate debts. Where there is a surplus of separate property of the shall be dealt with as part of the partnership property and where there surplus of the partnership property it shall be dealt with as part of the respect separate property in proportion to the rights and interests of each part the partnership property. All debts shall be paid ratably according amounts of debts and without any preference. Where there is any surplus payment of the foregoing debts it shall be applied in payment of interest the date on which the debtor is adjudged an insolvent at the rate of six per an numbar on all debts in cooperative society. It is the policy of the insolvency law to distribute the estate is creditors fairly and unless a preference was given by the Act to any portico debt, no priority can legitimately be claimed in regard to the same official receiver, belay, and AIR 1939 Madras. Since' Hindu Joint Family the sons are liable to pay their father's surety ship in d upon the insolvency of the father and the sons, the interest of the sons also the joint family are answerable in discharge of such debts to a public body priority over all the debts, whether of the sons or of the joint family. Priority is not. restricted to the interest of the father alone In Expenses of administration cannot regarded as 'provable debts' and if not claimed or objected in insolvency proceedings, can be recovered by means of suit. You shall try to see the different types of cooperative society.