Section 323- Costs of voluntary winding up. [Corresponds to Section 520 of the Companies Act, 1956]
Prior to Omission w.e.f 15.11.2016, Section 323 read as under:
Section 323- 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.