In the matter of OneTradex Ltd (IPL) - Ruling re PL Remuneration [2022] CIFsd 54 (17 June 2022)

In the matter of OneTradex Ltd (IPL) - Ruling re PL Remuneration [2022] CIFsd 54 (17 June 2022)

The court found the provisional liquidator's remuneration to be reasonable and properly incurred and approved the fees as requested.

Citation
[2022] CIFsd 54
Parties
Subject Company: OneTradex Ltd (IPL)
Jurisdiction
Cayman Islands
Judgment Date
17 June 2022
Procedural Posture
Company Winding Up / Ruling on Remuneration
Outcome
Application granted
Legal Topics
Provisional Liquidator Remuneration, Court Approval of Fees

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Parties

OneTradex Ltd (IPL)

Subject Company

Procedural Posture

Company Winding Up / Ruling on Remuneration

  1. 1 Whether the provisional liquidator's remuneration should be approved by the court

Ratio Decidendi

The court found the provisional liquidator's remuneration to be reasonable and properly incurred and approved the fees as requested.

Court Disposition

Application granted

Orders

  • Remuneration of the provisional liquidator approved as requested