The First Group of PartsCompany Insolvency ; Companies Winding Up
PART IVWinding Up of Companies Registered under the Companies Acts
CHAPTER VIWinding Up by the Court
General powers of court
156Payment of expenses of winding up
The 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.