Legislative Dictionary - A

Judicial Dictionary


Legislative Dictionary


Administrative Expense

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CategoryA
TitleAdministrative Expense
Details
"Administrative expense" means any expense required to be made under this Act towards payment of any claim against the Estate arising after the order of adjudication and includes the Receiver's fee and the expense for the management, administration, sale or distribution of the Estate in accordance with the provisions of this Act.
[See, section 2(30), the Bankruptcy Act, 1997 (Act No. X of 1997)].
Created OnDecember 19, 2010, 11:37 AM
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