alleryStart learning →If assets fall short, s. 298 lets the Tribunal order payment of what out of the assets?
ADirectors' bonuses
BDividends to members
CPromoter commissions
DCosts of winding up
Answer & Solution
Correct answer: D. Costs of winding up
Section 298 allows payment of winding-up costs, charges and expenses in an order of priority it thinks just.
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