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Rule 4.172A Formal defectsF1

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

The acts of the liquidation committee established for any winding up are valid notwithstanding any defect in the appointment, election or qualifications of any member of the committee or any committee-member’s representative or in the formalities of its establishment.

Annotations

Textual amendments

F1

Rule 4.172A inserted (11.1.1988 with application in accordance with rule 3(1)(2)) by The Insolvency (Amendment) Rules 1987 (S.I. 1987/1919), rule 1, Sch. para. 75