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)
Order costs in company winding-up proceedings are borne by the beneficiary, not by company assets. Costs arising from obtaining an order under rules 39 or 40 are chargeable to the person in whose interest the order is obtained and are not payable out of the company's assets.
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.
Order costs in company winding-up proceedings are borne by the beneficiary, not by company assets.
Costs arising from obtaining an order under rules 39 or 40 are chargeable to the person in whose interest the order is obtained and are not payable out of the company's assets.
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