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Section 257: Remuneration of deed administrator

Insolvency Act · PART III: WINDING UP AND ALTERNATIVES

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

257. Remuneration of deed administrator (1) A deed administrator is entitled to charge reasonable remuneration for carrying out his duties and exercising his powers as deed administrator. (2) The Court may, on the application of a deed administrator, an officer of the company, a creditor or a shareholder, review or fix the deed administrator’s remuneration at a level that is reasonable in the circumstances.

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