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Home Acts & Rules Companies Law Rules Companies (Winding Up) Rules, 2020 Chapters List PAYMENT OF UNCLAIMED DIVIDENDS OR UNDISTRIBUTED ASSETS INTO THE COMPANY LIQUIDATION DIVIDEND AND UNDISTRIBUTED ASSETS ACCOUNT IN A WINDING UP This
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Rule 182 - Cost and expenses payable out of the assets in a winding up by Tribunal - Companies (Winding Up) Rules, 2020

Extract

..... 182. Cost and expenses payable out of the assets in a winding up by Tribunal. - (1) The assets of a company in a winding up by the Tribunal remaining after payment of the fees and expenses properly incurred in preserving, realising or getting in the assets shall, subject to any order of the Tribunal and to the rights of secured creditors if any, be liable to the following payments which shall be made in the following order of priority, namely :- First- the taxed costs of the petition including t .....

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Rule 182 - Cost and expenses payable out of the assets in a winding up by Tribunal - Companies (Winding Up) Rules, 2020

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..... tative, satisfy himself that the appointment of an authorised representative to assist the liquidator in the performance of his duties has been duly sanctioned. (3) Nothing contained in this rule shall apply to or affect costs which, in the course of legal proceedings by or against the company which is being wound up by the Tribunal, are ordered by the Tribunal in which such proceedings are pending, to be paid by the company or the liquidator, or the rights of the person to whom such costs are p .....

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Rule 182 - Cost and expenses payable out of the assets in a winding up by Tribunal - Companies (Winding Up) Rules, 2020

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