Judgment
In the matter of OneTradex Ltd (IPL) -Ruling re PL Remuneration
[2022] CIGC (FSD) 166
· FSD 0166/2019 (MRHJ) · 2022-06-17
Application for approval of provisional liquidators’ fees and expenses - Berkeley Applegate Order allowing recourse to trust assets - application opposed in part by Ad Hoc Liquidation Committee on grounds costs not incurred for the benefit of the trust assets and disproportionate in any event - Principles to be applied. Insolvency and Restructuring; Trusts; Regulatory Enforcement; Civil Procedure; Costs and Remuneration
Full metadata
| Neutral Citation | [2022] CIGC (FSD) 166 |
|---|---|
| Cause Number | FSD 0166/2019 (MRHJ) |
| Court | CIGC (FSD) |
| Judge | Ramsay-Hale J |
| Parties | In the matter of OneTradex Ltd (IPL) -Ruling re PL Remuneration |
| Judgment Date | 2022-06-17 |
| Subject | Application for approval of provisional liquidators’ fees and expenses - Berkeley Applegate Order allowing recourse to trust assets - application opposed in part by Ad Hoc Liquidation Committee on grounds costs not incurred for the benefit of the trust assets and disproportionate in any event - Principles to be applied. Insolvency and Restructuring; Trusts; Regulatory Enforcement; Civil Procedure; Costs and Remuneration |
| Filename (current) | 22-06-17-In-the-Matter-of-OneTradex-Ltd-IPL-Ruling-re-PL-Remuneration.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Companies Act | — | 5 |
| Securities Investment Business Act | — | 2 |
| Anti-Money Laundering Regulations (subordinate) | — | 1 |
| Insolvency Practitioners Regulations (subordinate) | — | 1 |
| Securities Investment Business (Conduct of Business) Regulations (subordinate) | — | 1 |
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