129.
Expenses of preparing the statement.- (1) Any person
required to make or concur in making any statement of affairs
of the company, shall submit to the Official Liquidator for
his sanction, a statement of the estimated costs and expenses
of the preparation and making of the statement, and shall,
after the submission of the statement of affairs, submit his
bill of actual expenses.
(2) Except by order of the Court, no person
shall be paid out of the assets of the company any costs or
expenses which have not been sanctioned by the Official Liquidator,
nor shall such costs and expenses be paid until the statement
of affairs verified by affidavit has been submitted to the
Official Liquidator.
(3) Any person who has made or concurred
in making the said statement and affidavit and whose bill
of costs and expenses has not been allowed in full by the
Official Liquidator, may, within 14 days of the notice of
the order of the Official Liquidator disallowing any part
of his bill, apply by summons to the Judge in Chambers upon
notice to the Official Liquidator for sanction of the amount
disallowed or any part thereof and the Judge may pass such
orders thereon as may seem just. |