Cap. 6:07 INSOLVENCY No. 7/2018 (4) A creditor \vho delayed proving his or her claim pending the outcome of proceedings for the setting aside of any disposition of property made by a debtor or for the recovery of any debt, asset, compensation, penalty or benefit of whatever kind for the benefit of the insolvent estate of the debtor. is not entitled to share in the distribution of any money or the proceeds of property recovered as a result of such proceedings. 69 Conditional claims (1) A creditor who has a claim against an insolvent estate which is dependent upon the fulfilment of a condition, may request the liquidator to place a value on the claim. (2) If a liquidator places a value on a claim referred to in subsection (I), he or she must indicate in writing the grounds on which he or she arrived at the valuation. (3) The valuation of a conditional claim by a liquidator is subject to review by the Court on application of the creditor. (4) After a conditional claim has been valued as contemplated in this section, the claim may be proved by the creditor for the amount of the valuation. (5) If the condition upon which a claim is dependent is fulfilled before the inclusion of the amount referred to in subsection (4) in a proposed distribution account, the claim may be proved in full. (6) If the condition is fulfilled after provision has already been made in a distribution account for the claim contemplated in subsection (4), the balance of the claim may be proved in terms of the provisions relating to the late proof of claims. 70 Arrear interest and debt due after liquidation (I) A creditor may prove a claim against an insolvent estate in respect of a capital debt and interest thereon which has accrued at the date of liquidation. (2) No claim may be proved for interest which accrues after the date of liquidation, but such interest is payable in the circumstances set out in sections 84(2) and 89( 15). (3) The capital amount of a debt that becomes payable after the date of liquidation must be reduced by twelve per cent of that amount per annum compounded monthly on completed months from the date of liquidation to the date on which the debt becomes payable. 71 Withdrawal of claim (I) A creditor who has proved a claim against an insolvent estate may withdraw his or her claim by standard notice to the liquidator. (2) A liquidator who receives a notice of withdrawal of a claim must give standard notice of the withdrawal to the Master. (3) A creditor who has withdrawn his or her claim remains liable for his or her pro rata share of the costs of liquidation up to the date when the notice of \Vithdrawal was received by the liquidator. (4) A creditor \Vho has withdrawn his or her claim may by standard notice to the liquidator cancel the withdrawal, but if he or she does so he or she is not entitled to payment of his or her claim out of the estate until all other creditors who have proved claims have been paid in full. 253