law: The Second Schedule
  [See Sections 21, 22, 23 and 27]
  Order of priorities for the discharge of liabilities in respect of a sick textile undertaking
  Part A
  Post-take-over management period
  Category I.-
  (a) Loans advanced by a bank.
  (b) Loans advanced by an institution other than a bank.
  (c) Any other loan.
  (d) Any credit availed of for purpose of trade or manufacturing operations.
  Category II.-
  (a) Revenue, taxes, cesses, rates or any other dues to the Central Government or a State Government.
  (b) Any other dues.