Fees and Charges in Compulsory Winding-Up Of Companies

Companies (Winding-Up) Rules 1972
Second Schedule (Rule 195)

The fees mentioned in Table B and C shall be collected by the Official Receiver

The fees mentioned in Table D shall be collected in stamps by the Official Receiver or the Liquidator

Scale of Fees:

Table B

No.Description Of Fee ItemCurrent Rate
1. Every inspection of any document lodged with the Official Receiver RM 10.00
2. Every copy of or extract, each folio of 100 words or part RM 0.50
3. Every application for a special bank account RM 20.00
4. Every order of the Official Receiver for a special bank account RM 20.00
5. Every application for search RM 10.00
6. Every application to the Official Receiver for payment of money out of the Companies Liquidation Account:
If the amount applied for does not exceed RM 10.00 RM 0.50
where the amount applied for exceeds RM 10.00 RM 1.00
where the amount applied for exceeds RM 100.00 RM 5.00
7. On every payment out of the Companies Liquidation Account 3%

 

Table C

No.Description Of Fee ItemCurrent Rate
1. Where the Official Receiver acts as Provisional Liquidator only
in respect of each member, creditor or debtor RM 1.00
on the value of the Company's assets as estimated in the statement of affairs:
on the first RM 100,000.00 or fraction thereof 1%
above RM 100,000.00 0.5%
2. Where the Official Receiver is the Liquidator
in respect of each member, creditor or debtor RM 1.00
upon the total net assets realized:
on the first RM50,000 or fraction thereof 6%
on the next RM50,000 or fraction thereof 5%
above RM 100,000.00 4%
upon the amount available for distribution to Creditors or Contributories and each time a distribution is made
on the first RM 50,000.00 4%
on the next RM 50,000.00 3%
above RM 100,000.00 2%

 

Table D

No.Description Of Fee ItemCurrent Rate
1. Proof of Debt:
fee for taking an affidavit or a statutory declaration RM 1.00
fee for making each exhibit refered to in an affidavit or a statutory declaration RM 0.70
filing fee if claim is over RM 10.00 RM 1.00
2. Fee on Special Proxy RM 1.00

 

Malaysia Department of Insolvency

Companies (Winding-Up) Rules 1972, Second Schedule Rule 195

Fees and Charges collected by the Official Receiver

No.Relevant Rules ReferenceDescription Of Fee ItemCurrent Rate
1. Table B
Item 1
Every inspection of any documents lodged with Official Receiver RM 10.00
2. Table B
Item 2
Every copy of or extract, each folio of 100 words or part RM 0.50
3. Table B
Item 3
Every application for special bank account RM 20.00
4. Table B
Item 4
Every order of the Official Receiver for a special bank account RM 20.00
5. Table B
Item 5
Every application for search RM 10.00
6. Table B
Item 6
Every application to the Official Receiver for payment of money out of the Companies Liquidation Account:
if the amount applied for does not exceed RM 10.00 0.50
where the amount applied for exceeds RM 10.00 1.00
where the amount applied for exceeds RM 100.00 5.00
7. Table B
Item 7
On every payment out of the companies Liquidation 3%
8. Table C
Item 1
Where the Official Receiver acts as provisional Liquidator only:
in respect of each member, creditor or debtor RM 1.00
on the value of the Company's assets as estimated in the statement of affairs:
on the first RM 100,000.00 or fraction there of 1%
above RM 100,000.00 0.5%
9. Table C
Item 2
Where the Official Receiver is Liquidator
in respect of each member, creditor or debtor RM 1.00
upon the total net assets realized:
on the first RM 50,000.00 or fraction here 6%
on the next RM 50,000.00 or fraction there of 5%
above RM 100,000.00 4%
10. Table C
Item 3
Upon the amount available for distribution to creditors or contributories and each time a distribution is made :
on the first RM 50,000.00 4%
on the next RM 50,000.00 3%
above RM 100,000.00 2%
11. Table D
Item 1
Proof of Debt :
fee for taking an affidavit or a statutory declaration RM 1.00
fee for making each exhibit referred to in an a affidavit or a statutory declaration RM 0.70
filing fee if claim is over RM 10 RM 1.00
12. Table D
Item 2
Fee on special proxy RM 1.00