PART 18REPORTING AND REMUNERATION OF OFFICE-HOLDERS
CHAPTER 4Remuneration and expenses in administration, winding up and bankruptcy
Applications under rule 18.34 where the court’s permission is not required for the application18.37
1
On receipt of an application under rule 18.34 for which the court’s permission is not required, the court may, if it is satisfied that no sufficient cause is shown for the application, dismiss it without giving notice to any party other than the applicant.
2
Unless the application is dismissed, the court must fix a venue for it to be heard.
3
The applicant must, at least 14 days before any hearing, deliver to the office-holder a notice stating the venue with a copy of the application and of any evidence on which the applicant intends to rely.
4
If the court considers the application to be well-founded, it must make one or more of the following orders—
a
an order reducing the amount of remuneration which the office-holder is entitled to charge;
b
an order reducing any fixed rate or amount;
c
an order changing the basis of remuneration;
d
an order that some or all of the remuneration or expenses in question be treated as not being expenses of the administration or winding up or bankruptcy;
e
an order for the payment of the amount of the excess of remuneration or expenses or such part of the excess as the court may specify by —
i
the administrator or liquidator or the administrator’s or liquidator’s personal representative to the company, or
ii
the trustee or the trustee’s personal representative to such person as the court may specify as property comprised in the bankrupt’s estate;
f
any other order that it thinks just.
5
An order under paragraph (4)(b) or (c) may only be made in respect of periods after the period covered by the relevant report.
6
Unless the court orders otherwise the costs of the application must be paid by the applicant, and are not payable as an expense of the administration or as winding up or bankruptcy.