OpenLegislation

Rule 7.109 Winding up commencing as voluntaryC1

Where the winding up by the court immediately follows a voluntary winding up (whether members' voluntary or creditors' voluntary), such remuneration of the voluntary liquidator and costs and expenses of the voluntary winding up as the court may allow are to rank in priority with the expenses specified in rule 7.108(4)(a).

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Modifications

C1

Rule 7.109 applied (with modifications) (23.4.2019) by S.I. 2008/346, Sch. 2 para. 7(2) (as amended by The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019 (S.I. 2019/755), regs. 1, 7(2)(b))