Judgment
In re Saad Investments Company Limited - Judgment
[2012] CIGC (FSD) 15
· FSD 0015/2010 (ASCJ) · 2012-10-19
Whether the Court should approve the revised remuneration agreement between the JOLs and the Liquidation Committee; whether the JOLs’ hourly‑rate structure and staffing allocations complied with the Insolvency Practitioners Regulations; whether GTUK’s and GTSS’s fees and discounts were properly structured and justified; whether the quantum of remuneration for the relevant periods was reasonable and value‑for‑money; whether prior concerns expressed in the Court’s earlier Ruling had been adequately addressed in the renegotiated agreement
Full metadata
| Neutral Citation | [2012] CIGC (FSD) 15 |
|---|---|
| Cause Number | FSD 0015/2010 (ASCJ) |
| Court | CIGC (FSD) |
| Judge | Smellie CJ |
| Parties | In re Saad Investments Company Limited - Judgment |
| Judgment Date | 2012-10-19 |
| Subject | Whether the Court should approve the revised remuneration agreement between the JOLs and the Liquidation Committee; whether the JOLs’ hourly‑rate structure and staffing allocations complied with the Insolvency Practitioners Regulations; whether GTUK’s and GTSS’s fees and discounts were properly structured and justified; whether the quantum of remuneration for the relevant periods was reasonable and value‑for‑money; whether prior concerns expressed in the Court’s earlier Ruling had been adequately addressed in the renegotiated agreement |
| Filename (current) | 12-10-19-Saad-Investments-Company-Limited-In-re.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Companies Act | — | 1 |
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