Commentary

195 Challenge to remuneration by creditors (or the bankrupt)

BANKRUPTCY AND INSOLVENCY (INDIVIDUAL INSOLVENCY) vol 3(2)
| Commentary

195 Challenge to remuneration by creditors (or the bankrupt)

| Commentary

195 Challenge to remuneration by creditors (or the bankrupt)

The trustee's remuneration may be challenged by a secured creditor, or an unsecured creditor with either the concurrence of at least 10% in value of the unsecured creditors (including that creditor) or the permission of the court1.

The challenge must be made no later than eight weeks after receipt by the applicant of the progress report under rule 18.3, or final report or account under rule 18.14, which first reports the charging of the remuneration or the incurring of the expenses in question2.

The basis of the challenge must be:

  1. 195.1

        that the

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