An administrator exercising a casting vote must do so honestly and in the best interests of those affected, but there is no general rule requiring the vote to preserve the status quo. Where a creditor's debt is unliquidated or contingent, the chairman must make a just estimate of its value and cannot refuse to allow the creditor to vote at all. An administrator who is removed for improper conduct is personally liable for costs of the successful parties but retains an entitlement to indemnity from company assets for costs properly incurred in defending the DCA, with the distinction between properly and improperly incurred costs to be determined by a costs assessor. Where a share allotment is set aside, equity requires that the setting aside be conditional upon repayment of the subscription price unless there are strong reasons to the contrary.
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