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[F1Part A1U.K.Moratorium

Textual Amendments

Modifications etc. (not altering text)

C1Pt. A1 excluded by S.I. 2012/3013, Sch. 1 para. 1(2A) (as inserted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 3 para. 49(4) (with ss. 2(2), 5(2)))

C2Pt. A1 power to apply (with modifications) conferred by 2011 c. 25, s. 247A (as inserted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 3 para. 45 (with ss. 2(2), 5(2)))

Chapter 6U.K.Challenges

A43Challenges to monitor remuneration in insolvency proceedingsU.K.

(1)The rules may confer on an administrator or liquidator of a company the right to apply to the court on the ground that remuneration charged by the monitor in relation to a prior moratorium for the company was excessive.

(2)Rules under subsection (1) may (among other things) make provision as to—

(a)time limits;

(b)disposals available to the court;

(c)the treatment of costs (or, in Scotland, the expenses) of the application in the administration or winding up.]