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Rule 16: Costs, etc., of provisional liquidator · Complied AI

Chapter 37
Rule 16

Rule 16Chapter 37

Costs, etc., of provisional liquidator

Costs, etc., of provisional liquidator.- Subject to any order of the Tribunal, all the costs, charges and expenses incurred by the provisional liquidator shall be paid out of the assets of the company and if the company does not have sufficient assets or any assets to pay the costs, charges and expenses, the Tribunal may make appropriate orders in this regard.

Rule 15 Rule 16 Rule 17