Cos 298 — Power to order costs

Companies Act, 2013

Statutory text

The  Tribunal  may,  in  the  event  of  the  assets  of  a  company  being insufficient to satisfy its liabilities, make an order for the payment out of the assets, of the costs, charges and expenses incurred in the winding up, in such order of priority inter se as the Tribunal thinks just and proper.

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