# The Insolvency Rules (Northern Ireland) 1991, Rule 4.194: General powers of liquidator


(1) Any permission given by the liquidation committee or the court under Article 142(1)(a), or under the Rules, shall not be a general permission but shall relate to a particular proposed exercise of the liquidator's power in question; and a person dealing with the liquidator in good faith and for value is not concerned to enquire whether any such permission has been given.
(2) Where the liquidator has done anything without that permission, the court or the liquidation committee may, for the purpose of enabling him to meet his expenses out of the assets, ratify what he has done; but neither shall do so unless it is satisfied that the liquidator has acted in a case of urgency and has sought ratification without undue delay.
[E.R.4.184]

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Source: https://www.legislation.gov.uk/nisr/1991/364/rule/4.194 (the official version)
Page: https://openlegislation.uk/insolvency-rules-northern-ireland-1991/rule-4.194
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.