Judgment
In the matter of Direct Lending Income Feeder Fund Inc - Judgment
[2022] CIGC (FSD) 108
· FSD 0108/2019 (NSJ) · 2022-02-03
Application by official liquidators for the approval of their remuneration – application opposed by the liquidation committee – what approach to be taken by the Court when reviewing the official liquidators’ fees – to what extent is the Wednesbury reasonableness test relevant – the need to file sufficient evidence in advance of the hearing wherever possible. Insolvency and Restructuring; Company Law; Civil Procedure; Professional Fees and Costs
Full metadata
| Neutral Citation | [2022] CIGC (FSD) 108 |
|---|---|
| Cause Number | FSD 0108/2019 (NSJ) |
| Court | CIGC (FSD) |
| Judge | Segal J |
| Parties | In the matter of Direct Lending Income Feeder Fund Inc - Judgment |
| Judgment Date | 2022-02-03 |
| Subject | Application by official liquidators for the approval of their remuneration – application opposed by the liquidation committee – what approach to be taken by the Court when reviewing the official liquidators’ fees – to what extent is the Wednesbury reasonableness test relevant – the need to file sufficient evidence in advance of the hearing wherever possible. Insolvency and Restructuring; Company Law; Civil Procedure; Professional Fees and Costs |
| Filename (current) | 22-02-03-Direct-Lending-Income-Feeder-Fund-Inc.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Companies Act | 109(2), 110(3) | 3 |
| Insolvency Practitioners Regulations (subordinate) | — | 1 |
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