Liquidator remuneration: committee or creditors fix pay, tribunal determines if not fixed; no increases permitted. The committee of inspection, or if none exists the creditors, may fix the liquidator's remuneration; where not fixed it shall be determined by the ... Summary
Liquidator remuneration: committee or creditors fix pay, tribunal determines if not fixed; no increases permitted.
The committee of inspection, or if none exists the creditors, may fix the liquidator's remuneration; where not fixed it shall be determined by the Tribunal; any remuneration so fixed shall not be increased in any circumstances.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.