Notified Date of Section: 7/12/2016

 Effective Date: 15/12/2016

Power to Order Costs. 

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.