Priority of liquidation expenses: Official Liquidator may incur and recoup necessary winding up costs with court leave. Where a company under a winding-up order has no available assets, the Official Liquidator may, with the leave of the Court, incur necessary winding-up expenses from a permanent advance or fund provided by the Central Government, and those expenses are to be recouped from the company's assets in priority to its debts; funds advanced by a petitioning or other creditor or contributory for preliminary expenses may be used and are likewise to be repaid out of the company's assets in priority to debts.