The Insolvency (Northern Ireland) Order 1989 No. 2405 (NI. 19)

F1 PART V N.I. WINDING UP OF COMPANIES REGISTERED UNDER [F2 the Companies Act 2006]

F1 Pts. I-V modified by S.R. 2004/307 (as amended (1.10.2006) by Limited Liability Partnerships (Amendment) Regulations (Northern Ireland) 2006 (S.R. 2006/377), reg. 3, Sch. 2)

F2 Words in Pt. V heading substituted (1.10.2009) by Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), arts. 2(1), 8, Sch. 1 para. 111(2) (with art. 10)

CHAPTER VI N.I. WINDING UP BY THE HIGH COURT

General powers of High Court N.I.

Payment of expenses of winding up N.I.

134.  The High Court may, in the event of the assets being insufficient to satisfy the liabilities, make an order as to the payment out of the assets of the expenses incurred in the winding up in such order of priority as the Court thinks just.