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>Section 323 of Companies Act 2013 Omitted by Insolvency and Bankruptcy Code 2016, Changing Winding Up Cost Priorities</h1> Section 323 of the Companies Act, 2013, which addressed the costs of voluntary winding up, has been omitted by the Insolvency and Bankruptcy Code, 2016. Previously, it stated that all costs, charges, and expenses incurred during the winding up, including the Company Liquidator's fee, were to be paid from the company's assets, taking precedence over other claims, subject to the rights of secured creditors.