Singapore legislation
Regulation 45
of Insolvency, Restructuring and Dissolution (Corporate Insolvency and Restructuring) Rules 2020
Regulation 45
Application to Court for order on remuneration of independent assessor
Subregulation 1
An application to the Court for an order that the remuneration of an independent assessor appointed under section 68(9) of the Act be borne otherwise than provided for in regulation 6(3) of the Insolvency, Restructuring and Dissolution (Proofs of Debt in Schemes of Arrangement) Regulations 2020 must name one or more persons (each called in this rule the respondent) against whom the order is sought.
Subregulation 2
The affidavit supporting the application under paragraph (1) must state the reasons why the respondent or respondents (if more than one) ought to bear the remuneration.
Subregulation 3
The applicant must give at least 7 days’ notice of the application under paragraph (1) to the respondent or each respondent (if more than one) together with a copy each of the application and the affidavit supporting the application.
Subregulation 4
The Court may make any order that it deems fit on the application under paragraph (1), including an order that any person bears the remuneration or any part of the remuneration of the independent assessor.