PAYMENT OF UNCLAIMED DIVIDENDS OR UNDISTRIBUTED ASSETS INTO THE COMPANY LIQUIDATION DIVIDEND AND UNDISTRIBUTED ASSETS ACCOUNT IN A WINDING UP (From Rule 179 to Rule 182)
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.
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.
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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