Rule 112 Power of court to set aside certain transactionsI1

England and Wales

(1)

Apply rule 4.149 of the 1986 Rules.

(2)

In paragraph (2)—

(a)

leave out “either”, and

(b)

leave out “or” at the end of sub–paragraph (a), and after sub–paragraph (b) insert—

“, or
(c)
it is shown to the court’s satisfaction that the transaction was entered into by the liquidator for the purpose of achieving Objective 1.”.

Annotations