Singapore legislation
Regulation 174
of Insolvency, Restructuring and Dissolution (Corporate Insolvency and Restructuring) Rules 2020
Regulation 174
Failure to obtain approval of cost schedule
Subregulation 1
This rule applies where an officeholder applies to the Court for the approval, determination or review of the remuneration and expenses of the officeholder and the officeholder did not previously submit a cost schedule relating to the remuneration and expenses to the approving body, or the cost schedule was not approved by the approving body.
Subregulation 2
The officeholder must, at the time of filing the application mentioned in paragraph (1), file an affidavit —
explaining why a cost schedule was not submitted to, or approved by, the approving body; and
verifying a cost schedule containing the following information:
all information that is necessary for the Court to properly consider and determine the remuneration and expenses of the officeholder;
without limiting sub-paragraph (i), the same information as is required under rule 173(3).