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Companies Act, 2013

Section 298: Power to order costs

Chapter XX — Winding Up

298. The Tribunal may, in the event of the assets of a company being insufficient to satisfy its 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 and proper.

Source: official text of the Companies Act, 2013.