PART 18REPORTING AND REMUNERATION OF OFFICE-HOLDERS
CHAPTER 4Remuneration and expenses in administration, winding up and bankruptcy
Remuneration: application to the court to fix the basisC118
1
If the basis of the administrator's remuneration or the liquidator's remuneration in a voluntary winding up is not fixed under rules 18.18 to 18.20 (as applicable) then the administrator or liquidator must apply to the court for it to be fixed.
2
Before making such an application the liquidator or administrator must attempt to fix the basis in accordance with rules 18.18 to 18.20.
3
An application under this rule may not be made more than 18 months after the date of the administrator's or liquidator's appointment.
4
In a members' voluntary winding up—
a
the liquidator must deliver at least 14 days' notice of such an application to the company's contributories, or such one or more of them as the court may direct; and
b
the contributories may nominate one or more of their number to appear, or be represented, and to be heard on the application.