Section 43-Preferential transactions and relevant time: (2) A corporate debtor shall be deemed to have given a preference, if— (a) there is a transfer of property or an interest thereof of the corporate debtor for the benefit of a creditor or a surety or a guarantor for or on account of an antecedent financial debt or operational debt or other liabilities owed by the corporate debtor; and (b) the transfer under clause (a) has the effect of putting such creditor or a surety or a guarantor in a beneficial position than it would have been in the event of a distribution of assets being made in accordance with section 53.
I'm sure you understand that we can't have a mere inspector still wet behind the ears running a case of this importance.
To be back to the grind
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Sitting shotgun
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On thin ice
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I'm feeling a bit under the weather today.
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Be hard up
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The speaker broke down in the middle of his speech.
There's no hope for him now because he's lost his tiles and has gone completely crazy.
zero hour
To take to one's heels