Sanctioned payment to committee members requires court-specified special services before remuneration may be approved by court. Sanction for payment to a member of the Committee of Inspection requires the Court's express approval and must specify the nature of the services; such sanction is available only for services of a special nature in connection with administration of the company's assets, and remuneration for ordinary duties is prohibited except by express Court sanction.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Sanctioned payment to committee members requires court-specified special services before remuneration may be approved by court.
Sanction for payment to a member of the Committee of Inspection requires the Court's express approval and must specify the nature of the services; such sanction is available only for services of a special nature in connection with administration of the company's assets, and remuneration for ordinary duties is prohibited except by express Court sanction.
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