Regulation 160

Every solicitor, manager, accountant, auctioneer, broker or other person employed by a liquidator in a winding up by the Court shall on request by the liquidator in Form 52 (to be made a sufficient time before the declaration of a dividend) deliver his bill of costs or charges to the Assessing Master for the purpose of assessment; and if he fails to do so within the time stated in the request or such extended time as the Registrar may allow, the liquidator shall declare and distribute the dividend without regard to such person’s claim, and subject to any order of the Court the claim shall be forfeited.