Rule 42 - Order sanctioning payment to advisory committee - Companies (Winding Up) Rules, 2020

42. Order sanctioning payment to advisory committee .- Where the order of the Tribunal to a payment to a member of the advisory committee for services rendered by him in connection with the administration of the company s assets is obtained, the order of the Tribunal shall specify the nature of the services, and such order shall only be given where the service performed is of a special nature, and except by the express order of the Tribunal, no remuneration shall be paid to a member of the advisory committee for services rendered by him in the discharge of the duties attached to his office as a member of such committee.