PAYMENT OF UNCLAIMED DIVIDENDS OR UNDISTRIBUTED ASSETS INTO THE COMPANY LIQUIDATION DIVIDEND AND UNDISTRIBUTED ASSETS ACCOUNT IN A WINDING UP (From Rule 179 to Rule 182)
Provisional liquidator costs payable from company assets; tribunal may order payment where assets are insufficient. All costs, charges and expenses incurred by a provisional liquidator are to be paid out of the company's assets; where the company lacks sufficient assets the Tribunal may make appropriate orders to determine payment, subject to any order of the Tribunal.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Provisional liquidator costs payable from company assets; tribunal may order payment where assets are insufficient.
All costs, charges and expenses incurred by a provisional liquidator are to be paid out of the company's assets; where the company lacks sufficient assets the Tribunal may make appropriate orders to determine payment, subject to any order of the Tribunal.
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