SUPREME COURT (CORPORATIONS) RULES 1999 - REG 8.1 Application for appointment of special manager (Corporations Act s 484)

SUPREME COURT (CORPORATIONS) RULES 1999 - REG 8.1

8.1 Application for appointment of special manager (Corporations Act s 484)

(1) An application by a liquidator for the appointment of a special manager in relation to a company must state the powers which, in the liquidator's opinion, should be entrusted by the Court to the special manager.

(2) The supporting affidavit must state:

(a) the circumstances making it proper that a special manager be appointed, and

(b) details of the remuneration proposed to be paid to the special manager, and

(c) whether any committee of inspection in the winding up, or a meeting of creditors, has approved the appointment of a special manager.