sch.1A-sec.9.3Remuneration of provisional liquidator ( Insolvency Practice Schedule (Corporations) , s 60-16 )—form 16

### sch.1A-sec.9.3 Remuneration of provisional liquidator ( Insolvency Practice Schedule (Corporations) , s 60-16 )—form 16 This rule applies in relation to an application by a provisional liquidator of a company for a determination under the Insolvency Practice Schedule (Corporations) , section 60-16 (1) of the remuneration the provisional liquidator is entitled to receive. The application must be made by interlocutory application in the winding up proceeding. At least 21 days before filing the interlocutory application seeking the determination, the provisional liquidator must serve a notice in form 16 of the provisional liquidator’s intention to apply for the determination, and a copy of any affidavit on which the provisional liquidator intends to rely, on the following persons— any liquidator (except the provisional liquidator) of the company; each member of any committee of inspection or, if there is no committee of inspection, each of the 5 largest (measured by amount of debt) creditors of the company; each member of the company whose shareholding represents at least 10% of the issued capital of the company. Within 21 days after the last service of the documents mentioned in subrule (3) , the liquidator, or any creditor or contributory, may give to the provisional liquidator a notice of objection to the remuneration claimed, stating the grounds of objection. If the provisional liquidator does not receive a notice of objection within the period mentioned in subrule (4) — the provisional liquidator may file an affidavit, made after the end of that period, in support of the interlocutory application seeking the determination stating— the date, or dates, when the notice and affidavit required to be served under subrule (3) were served; and that the provisional liquidator has not received any notice of objection to the remuneration claimed within the period mentioned in subrule (4) ; and the provisional liquidator may endorse the interlocutory application with a request that the application be dealt with in the absence of the public and without any attendance by, or on behalf of, the provisional liquidator; and the application may be so dealt with. If the provisional liquidator receives a notice of objection within the period mentioned in subrule (4) , the provisional liquidator must serve a copy of the interlocutory application seeking the determination— on each creditor or contributory who has given a notice of objection; and on the liquidator (if any). An affidavit in support of the interlocutory application seeking the determination must— state the nature of the work performed or likely to be performed by the provisional liquidator; and state the amount of remuneration claimed; and include a summary of the receipts taken and payments made by the provisional liquidator; and state particulars of any objection of which the provisional liquidator has received notice; and if the winding up proceeding has not been determined—give details of— any reasons known to the provisional liquidator why the winding up proceeding has not been determined; and any reasons why the provisional liquidator’s remuneration should be determined before the determination of the winding up proceeding. The affidavit must also provide evidence of the matters mentioned in the Insolvency Practice Schedule (Corporations) , section 60-12 — to the extent that they may be relevant to a provisional liquidator; and as if references in that section to ‘external administrator’ were references to ‘provisional liquidator’. sch 1A r 9.3 ins 2000 SL No. 232 s 3 amd 2004 SL No. 115 s 2 sch 1 ; 2008 SL No. 303 s 2 sch ; 2018 SL No. 193 s 33 (sch.1A-sec.9.3-ssec.1) This rule applies in relation to an application by a provisional liquidator of a company for a determination under the Insolvency Practice Schedule (Corporations) , section 60-16 (1) of the remuneration the provisional liquidator is entitled to receive. (sch.1A-sec.9.3-ssec.2) The application must be made by interlocutory application in the winding up proceeding. (sch.1A-sec.9.3-ssec.3) At least 21 days before filing the interlocutory application seeking the determination, the provisional liquidator must serve a notice in form 16 of the provisional liquidator’s intention to apply for the determination, and a copy of any affidavit on which the provisional liquidator intends to rely, on the following persons— any liquidator (except the provisional liquidator) of the company; each member of any committee of inspection or, if there is no committee of inspection, each of the 5 largest (measured by amount of debt) creditors of the company; each member of the company whose shareholding represents at least 10% of the issued capital of the company. (sch.1A-sec.9.3-ssec.4) Within 21 days after the last service of the documents mentioned in subrule (3) , the liquidator, or any creditor or contributory, may give to the provisional liquidator a notice of objection to the remuneration claimed, stating the grounds of objection. (sch.1A-sec.9.3-ssec.5) If the provisional liquidator does not receive a notice of objection within the period mentioned in subrule (4) — the provisional liquidator may file an affidavit, made after the end of that period, in support of the interlocutory application seeking the determination stating— the date, or dates, when the notice and affidavit required to be served under subrule (3) were served; and that the provisional liquidator has not received any notice of objection to the remuneration claimed within the period mentioned in subrule (4) ; and the provisional liquidator may endorse the interlocutory application with a request that the application be dealt with in the absence of the public and without any attendance by, or on behalf of, the provisional liquidator; and the application may be so dealt with. (sch.1A-sec.9.3-ssec.6) If the provisional liquidator receives a notice of objection within the period mentioned in subrule (4) , the provisional liquidator must serve a copy of the interlocutory application seeking the determination— on each creditor or contributory who has given a notice of objection; and on the liquidator (if any). (sch.1A-sec.9.3-ssec.7) An affidavit in support of the interlocutory application seeking the determination must— state the nature of the work performed or likely to be performed by the provisional liquidator; and state the amount of remuneration claimed; and include a summary of the receipts taken and payments made by the provisional liquidator; and state particulars of any objection of which the provisional liquidator has received notice; and if the winding up proceeding has not been determined—give details of— any reasons known to the provisional liquidator why the winding up proceeding has not been determined; and any reasons why the provisional liquidator’s remuneration should be determined before the determination of the winding up proceeding. (sch.1A-sec.9.3-ssec.8) The affidavit must also provide evidence of the matters mentioned in the Insolvency Practice Schedule (Corporations) , section 60-12 — to the extent that they may be relevant to a provisional liquidator; and as if references in that section to ‘external administrator’ were references to ‘provisional liquidator’. - (a) any liquidator (except the provisional liquidator) of the company; - (b) each member of any committee of inspection or, if there is no committee of inspection, each of the 5 largest (measured by amount of debt) creditors of the company; - (c) each member of the company whose shareholding represents at least 10% of the issued capital of the company. - (a) the provisional liquidator may file an affidavit, made after the end of that period, in support of the interlocutory application seeking the determination stating— (i) the date, or dates, when the notice and affidavit required to be served under subrule (3) were served; and (ii) that the provisional liquidator has not received any notice of objection to the remuneration claimed within the period mentioned in subrule (4) ; and - (i) the date, or dates, when the notice and affidavit required to be served under subrule (3) were served; and - (ii) that the provisional liquidator has not received any notice of objection to the remuneration claimed within the period mentioned in subrule (4) ; and - (b) the provisional liquidator may endorse the interlocutory application with a request that the application be dealt with in the absence of the public and without any attendance by, or on behalf of, the provisional liquidator; and - (c) the application may be so dealt with. - (i) the date, or dates, when the notice and affidavit required to be served under subrule (3) were served; and - (ii) that the provisional liquidator has not received any notice of objection to the remuneration claimed within the period mentioned in subrule (4) ; and - (a) on each creditor or contributory who has given a notice of objection; and - (b) on the liquidator (if any). - (a) state the nature of the work performed or likely to be performed by the provisional liquidator; and - (b) state the amount of remuneration claimed; and - (c) include a summary of the receipts taken and payments made by the provisional liquidator; and - (d) state particulars of any objection of which the provisional liquidator has received notice; and - (e) if the winding up proceeding has not been determined—give details of— (i) any reasons known to the provisional liquidator why the winding up proceeding has not been determined; and (ii) any reasons why the provisional liquidator’s remuneration should be determined before the determination of the winding up proceeding. - (i) any reasons known to the provisional liquidator why the winding up proceeding has not been determined; and - (ii) any reasons why the provisional liquidator’s remuneration should be determined before the determination of the winding up proceeding. - (i) any reasons known to the provisional liquidator why the winding up proceeding has not been determined; and - (ii) any reasons why the provisional liquidator’s remuneration should be determined before the determination of the winding up proceeding. - (a) to the extent that they may be relevant to a provisional liquidator; and - (b) as if references in that section to ‘external administrator’ were references to ‘provisional liquidator’.