Section 307 — Companies Act 1993: Claim not of an ascertained amount

307 Claim not of an ascertained amount (1) If a claim is subject to a contingency, or is for damages, or, if for some other reason, the amount of the claim is not certain, the liquidator may— (a) Make an estimate of the amount of the claim; or (b) Refer the matter to the Court for a decision on the amount of the claim. (2) On the application of the liquidator, or of a claimant who is aggrieved by an estimate made by the liquidator, the Court shall determine the amount of the claim as it sees fit.