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Rule 11.3 Final admission/rejection of proofsI1

England and Wales

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

  • rule 4.54(5-CVL) substituted for rule 4.54(5) by Insolvency 2010 Sch. 1 para. 179(5)
(1)

The responsible insolvency practitioner shall, within 7 days from the last date for proving, deal with every creditor's proof (in so far as not already dealt with) by admitting or rejecting it in whole or in part, or by making such provision as he thinks fit in respect of it.

(2)

The insolvency practitioner is not obliged to deal with proofs lodged after the last date for proving; but he may do so, if he thinks fit.

F1(3)

In the declaration of a dividend no payment shall be made more than once by virtue of the same debt.

(4)

Subject to Rule 11.11, where—

(a)

a creditor has proved, and

(b)

a member State liquidator has proved in relation to the same debt,

payment shall only be made to the creditor.

Annotations

Textual amendments

F1

Rule 11.3(3)(4) inserted (31.5.2002) by The Insolvency (Amendment) Rules 2002 (S.I. 2002/1307), rules 1, 10(3) (with rule 3)

Commencement

I1

Rule 11.3 in force at 29.12.1986, see rule 0.1