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Statutory Provisions

Home Acts & Rules Bill Bills COMPANIES BILL, 2011 Chapters List Chapter XX - Part I Winding up by the Tribunal This

Clause 298 - Power to order costs. - COMPANIES BILL, 2011

COMPANIES BILL, 2011
Chapter XX - Part I
Winding up by the Tribunal
  • Contents

Power to order costs.

298. 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, charge 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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