OpenLegislation

Rule 6.171 Termination of appointmentI1

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 special manager's appointment terminates if the bankruptcy petition is dismissed or if, an interim receiver having been appointed, the latter is discharged without a bankruptcy order having been made.

(2)

If the official receiver or the trustee is of opinion that the employment of the special manager is no longer necessary or profitable for the estate, he shall apply to the court for directions, and the court may order the special manager's appointment to be terminated.

(3)

The official receiver or the trustee shall make the same application if a resolution of the creditors is passed, requesting that the appointment be terminated.

Annotations

Commencement

I1

Rule 6.171 in force at 29.12.1986, see rule 0.1