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Rule 6.17 Security for costs (s. 268(2) only)I1

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)

This Rule applies where the debt in respect of which the petition is presented is for a liquidated sum payable at some future time, it being claimed in the petition that the debtor appears to have no reasonable prospect of being able to pay it.

(2)

The petitioning creditor may, on the debtor's application, be ordered to give security for the debtor's costs.

(3)

The nature and amount of the security to be ordered is in the court's discretion.

(4)

If an order is made under this Rule, there shall be no hearing of the petition until the whole amount of the security has been given.

Annotations

Commencement

I1

Rule 6.17 in force at 29.12.1986, see rule 0.1