Section 298 of Companies Act, 2013 – Power to order costs

  • Updated Till : March 31, 2020


[Effective from 15th December, 2016]

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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