valid as on 20/07/2018

Section 323. Costs of voluntary winding up
Omitted

All costs, charges and expenses properly incurred in the winding up, including the fee of the , shall, subject to the rights of secured creditors, if any, be payable out of the assets of the company in priority to all other claims.

 

Company Liquidator  means a person appointed by the Tribunal as the Company Liquidator in accordance with the provisions of section 275 for the winding up of a company under this Act.

Amendments to Companies Act, 2013 vide Eleventh Schedule of the Insolvency and Bankruptcy Code, 2016


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