OpenLegislation

Rule 7 Amendment of Part 1 of the Insolvency Rules

Original text. Later amendments are not shown.

(1)

Rule 1.20 (registrar of companies: covering notices) is amended as follows.

(2)

For paragraph (1) substitute—

“(1)

This rule applies where—

(a)

the Act or these Rules require an office-holder to deliver any of the documents specified in paragraph (1A) to the registrar of companies, or

(b)

the directors are required to deliver a copy of a court order to the registrar of companies in accordance with sections A31(7) or A32(5).”.

(3)

After paragraph (1) insert—

“(1A)

The documents specified in this paragraph are—

(a)

a notice under section A38 bringing a moratorium under Part A1 of the Act to an end;

(b)

an account (including a final report) or a summary of receipts and payments;

(c)

an administrative receiver’s report under section 48(1);

(d)

a court order;

(e)

a declaration of solvency;

(f)

a direction of the Secretary of State under section 203 or 205;

(g)

a notice of disclaimer;

(h)

a statement of administrator’s proposals (including a statement of revised proposals);

(i)

a statement of affairs;

(j)

a statement of concurrence;

(k)

a notice of an administrator’s resignation under paragraph 87(2) of Schedule B1;

(l)

a notice of a liquidator’s death which the official receiver is required to deliver under rule 7.67(3)(b);

(m)

a notice that a liquidator has vacated office on loss of qualification to act which the official receiver is required to deliver under rule 7.68(4)(b);

(n)

any report including—

(i)

a final report,

(ii)

a progress report (including a final progress report),

(iii)

a report of a creditor’s decision under paragraph 53(2) or 54(6) of Schedule B1, and

(iv)

a report of a decision approving a CVA under section 4(6) and (6A) or paragraph 30(3) and (4) of Schedule A1 to the Act;

(o)

a copy of the notice that a CVA has been fully implemented or terminated that the supervisor is required to deliver under rule 2.44(3).”.

(4)

In paragraph (2), after “office-holder” insert “or the directors (as the case may be)”.