Friday, August 12, 2016

Section 323 of Companies Act 2013

Section 323 of Companies Act 2013 :-

Costs of voluntary winding up.

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.

India's Important Case Laws and Landmark Judgments on Companies Act 2013.

Section 323 Companies Act 1956 has been repealed.

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