Costs in voluntary winding up rank ahead of other claims from company assets, subject to secured creditors' rights. All costs, charges and expenses properly incurred in a voluntary winding up, including the remuneration of the liquidator, are payable out of the company's assets in priority to all other claims, subject to the rights of secured creditors.
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Provisions expressly mentioned in the judgment/order text.
Costs in voluntary winding up rank ahead of other claims from company assets, subject to secured creditors' rights.
All costs, charges and expenses properly incurred in a voluntary winding up, including the remuneration of the liquidator, are payable out of the company's assets in priority to all other claims, subject to the rights of secured creditors.
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