The Companies Act, 2013
Chapter– XX Winding Up
Part II- Voluntary Winding Up
Section 323: Costs of voluntary winding up.
“323. All costs, charges and expenses properly incurred in the winding up, including the fee of the Company Liquidator, 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.”
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