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Sir in liquidator remuneration amount realised on asset which is secured by laiblity does he gets remuneration on total asset realised or only for surplus amount after paying such secured liability ??
Answers (3)
Sahibdeep Singh
It would depend on the specifics of a question. In some cases liquidator may not be allowed to even realise those.
It is given that liquidator gets 3% remuneration on assets realised except cash and also there is a one asset which is secured by a liability and it has surplus
Thread Starter
Enuguru Sai NithinIt is given that liquidator gets 3% remuneration on assets realised except cash and also there is a one asset which is secured by a liability and it has surplus
If that asset is realised by liquidator (and not by receiver) and nothing else is mentioned in the question, he may be given remuneration on the amount that asset realised. Please give a note to the same effect.
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