Power to order costs: payment from company assets to cover winding-up expenses ranked as Tribunal directs. The Tribunal may order payment out of a company's assets of the costs, charges and expenses incurred in the winding up and determine the order of priority ... Summary
Power to order costs: payment from company assets to cover winding-up expenses ranked as Tribunal directs.
The Tribunal may order payment out of a company's assets of the costs, charges and expenses incurred in the winding up and determine the order of priority among such claims when assets are insufficient to satisfy liabilities.
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