Question

Under Section 53 of the IBC (Liquidation Waterfall), which of the following shares equal priority with the dues of secured creditors who choose to relinquish their security?

A Government taxes and local state duties
B Unsecured financial creditors
C Workmen's dues for the last 24 months
D Remaining equity shareholders
E Salaries of managerial staff for the last 12 months
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