1007Compromises in certain Supreme Court proceedings

1007 Compromises in certain Supreme Court proceedings (1) This rule applies to proceedings in the Supreme Court concerning— (a) the administration of a deceased person’s estate; or (b) property the subject of a trust; or (c) the construction of an Act, instrument or other document, involving any matter in which 1 or more people have the same interest or liability. (2) If a compromise affects a person who is not a party but who has the same interest or liability, and the court is satisfied that the compromise will benefit the person, the court may approve a compromise that— (a) 1 party has agreed to; or (b) the court has sanctioned on behalf of the party. (3) A compromise under subrule (2) binds the person who is not a party unless the court’s approval of the compromise has been obtained by fraud or nondisclosure of material facts.