Companies (Winding-up) Rules

Where the remuneration of a liquidator is determined by the committee of
                inspection, it may be in the nature of a commission or percentage of which one part
                shall be payable on the amount realized, after deducting the sums (if any) paid to
                secured creditors (other than debenture holders) out of the proceeds of their
                securities, and the other part on the amount distributed in dividend.