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In this video, we will understand an important topic of Corporate Finance – Protection of Creditors and Preferential Payments in an easy and exam-friendly way. This lecture covers: ✔ Who are Creditors? ✔ Rights of Creditors ✔ Need for Creditor Protection ✔ Protection by Company & Government ✔ Preferential Payments in Liquidation ✔ Order of Payment during Winding Up ✔ Case Example: Nirav Modi – Punjab National Bank (PNB) Fraud This topic is very important for: 📚 LLB Students 📚 LLM Students 📚 Judiciary Aspirants 📚 Company Law Exams 📚 UGC NET Law Corporate law ensures that creditors are protected from fraud, unfair treatment, and non-payment. Preferential payment rules help maintain financial stability during company liquidation. If you found this lecture helpful, please Like, Share, and Subscribe to support easy legal education. #CorporateFinance #CorporateLaw #CompaniesAct2013 #CreditorProtection #PreferentialPayment #LLB #LLM #JudiciaryPreparation #LawStudents #CompanyLaw