Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Tribunal Can Order Payment of Costs in Company Winding Up Under Section 298 When Assets Fall Short</h1> Section 298 of the Companies Act, 2013, grants the Tribunal the authority to order the payment of costs, charges, and expenses incurred during the winding up of a company. This power is exercised when the company's assets are insufficient to cover its liabilities. The Tribunal has discretion to determine the order of priority for these payments, ensuring they are made in a manner deemed just and proper.