valid as on 20/10/2026

Section 323. Costs of voluntary winding up
Omitted

All costs, charges and expenses properly incurred in the winding up, including the fee of the Company LiquidatorCompany 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., 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.

 

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