Rule 4.183 Division of unsold assetsI1
England and Wales
Without prejudice to provisions of the Act about disclaimer, the liquidator may, with the permission of the liquidation committee, divide in its existing form amongst the company's creditors, according to its estimated value, any property which from its peculiar nature or other special circumstances cannot be readily or advantageously sold.
Annotations
Commencement
- I1
Rule 4.183 in force at 29.12.1986, see rule 0.1