law: Companies Act, 2013 
  328.
  
    Fraudulent
  
  preference.
  1.      Where a company has
  
  given preference to a person who is one of the creditors of the company or a
  
  surety or guarantor for any of the debts or other liabilities of the company,
  
  and the company does anything or suffers anything done which has the effect of
  
  putting that person into a position which, in the event of the company going
  
  into liquidation, will be better than the position he would have been in if
  
  that thing had not been done prior to six months of making winding up application,
  
  the Tribunal, if satisfied that, such transaction is a fraudulent preference
  
  may order as it may think fit for restoring the position to what it would have
  
  been if the company had not given that preference.
  2.      If the Tribunal is
  
  satisfied that there is a preference transfer of property, movable or
  
  immovable, or any delivery of goods, payment, execution made, taken or done by
  
  or against a company within six months before making winding up application,
  
  the Tribunal may order as it may think fit and may declare such transaction
  
  invalid and restore the position.