384.
| (1) The court may, on an application made to the court by the liquidator of a company, by order fix the amount to be paid by way of remuneration to any person who, under the powers contained in any instrument, has been appointed as receiver or manager of the property of the company. |
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| (2) The power of the court referred to in subsection (1) shall, where no previous order has been made with respect thereto under the provisions of that subsection
| | (a) extend to fixing the remuneration for any period before the making of the order or the application therefor ; and | | |
| | (b) be exercisable notwithstanding that the receiver or manager had died or has ceased to act before the making of the order or the application therefor : and | | |
| | (c) where the receiver or manager has been paid or has retained for his remuneration for any period before the making of the order, any amount in excess of that so fixed for that period, extend to requiring him or his legal representatives to account for the excess or such part thereof as may be specified in the order : | | |
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| (3) The court may from time to time on an application made either by the liquidator or by the receiver or manager vary or amend an order made under the provisions of sub section (1). |
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| (4) The provisions of this section shall apply whether the receiver or manager was appointed before or after the appointed date, and to periods before, as well as to periods after, that date. |
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Sri Lanka Consolidated Acts