PART 14CLAIMS BY AND DISTRIBUTIONS TO CREDITORS IN F1A MORATORIUM, ADMINISTRATION, WINDING UP AND BANKRUPTCY
Annotations:
Amendments (Textual)
CHAPTER 2Creditors' claims in F2a moratorium, administration, winding up and bankruptcy
Annotations:
Amendments (Textual)
F2
Words in Pt. 14 Ch. 2 heading inserted (1.10.2021) by The Insolvency (England and Wales) (No.2) (Amendment) Rules 2021 (S.I. 2021/1028), rules 1, 54 (with rules 4, 5)
Costs of provingC114
Unless the court orders otherwise—
a
each creditor bears the cost of proving for that creditor's own debt, including costs incurred in providing documents or evidence under rule 14.4 (3);
b
in an administration or winding up, costs incurred by the office-holder in estimating the value of a debt under rule 14.14 are payable out of the assets as an expense of the administration or winding up; and
c
in a bankruptcy, costs incurred by the office-holder in estimating the value of a debt under section 322(3) fall on the bankrupt's estate as an expense of the bankruptcy.
Words in Pt. 14 heading inserted (1.10.2021) by The Insolvency (England and Wales) (No.2) (Amendment) Rules 2021 (S.I. 2021/1028), rules 1, 52 (with rules 4, 5)