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Central Act · India · Part VII – WINDING UP

Section 476 Power to order costs

Companies Act, 1956 · Edition: Historical reference draft

The [Tribunal] may, in the event of the assets being insufficient to satisfy the liabilities, make an order for the payment out of the assets, of the costs, charges and expenses incurred in the winding up, in such order of priority inter se as the [Tribunal] thinks just.

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