Bare ActsCompanies Act, 1956

Section 476

Power to order costs

Amendment status not verified — confirm the current text below against the official source.

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.

Section 476 – Companies Act, 1956 | DailyLaw.ai