# The Insolvency Rules (Northern Ireland) 1991, Rule 4.239: Second excepted case


(1) Where a person to whom Article 180 applies as having been a director or shadow director of the liquidating company applies for leave of the court under that Article not later than 7 days from the date on which the company went into liquidation, he may, during the period specified in paragraph (2), act in any of the ways mentioned in Article 180(3) notwithstanding that he has not the leave of the court under that Article.
(2) The period referred to in paragraph (1) begins with the day on which the company goes into liquidation and ends either on the day falling six weeks after that date or on the day on which the court disposes of the application for leave under Article 180, whichever of those days occurs first.
[E.R.4.229]

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Source: https://www.legislation.gov.uk/nisr/1991/364/rule/4.239 (the official version)
Page: https://openlegislation.uk/insolvency-rules-northern-ireland-1991/rule-4.239
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.