Costs allocation in winding-up matters: parties with a common interest are generally limited to one collective set of costs or fees. When two or more petitions or applications raising a common issue are heard together and decided by a common judgment, only one set of costs is allowed to ... Summary
Costs allocation in winding-up matters: parties with a common interest are generally limited to one collective set of costs or fees.
When two or more petitions or applications raising a common issue are heard together and decided by a common judgment, only one set of costs is allowed to all parties with a common interest unless the Tribunal otherwise orders; similarly, where different parties in the same proceeding have a common interest, only one set of fees is allowed to them collectively even if represented by different authorised representatives, subject to the Tribunal's discretion.
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