Rule 14.42 Disqualification from dividendC1
If a creditor contravenes any provision of the Act or these Rules relating to the valuation of securities, the court may, on the application of the office-holder, order that the creditor be wholly or partly disqualified from participation in any dividend.
Annotations
Modifications
- C1
Rules 14.37-14.45 applied (with modifications) (19.3.2024) by The Water Industry (Special Administration) (England and Wales) Rules 2024 (S.I. 2024/229), rules 1, 5, 109-113, Sch. (with rule 2(2))