19 Aug 2009
RE SWEETMART GARMENT WORKS LTD
- Citation
- RE SWEETMART GARMENT WORKS LTD
- Court
- Court of First Instance
- Case number
- HCCW755/2005
Section 196(1A) permits the Official Receiver to fix the basis of remuneration for provisional liquidators appointed under section 194(1A) but does not exclude the court's jurisdiction to assess the quantum; remuneration of such provisional liquidators is to be assessed by the court pursuant to section 196(2) having regard to the basis fixed by the Official Receiver.