Article 1.54 Sederunt book
The office-holder must maintain a sederunt book during the office-holder's term of office for the purpose of providing an accurate record of the insolvency proceedings.
The office-holder must include in the sederunt book—
the information listed in schedule 4; and
a copy of anything else required to be recorded in it by any provision of the Act or these Rules.
The office-holder must make the sederunt book available for inspection at all reasonable hours by any interested person.
Any entry in the sederunt book is sufficient evidence of the facts stated in it, except where it is relied upon by the office-holder in the office-holder's own interest.
The office-holder must retain, or make arrangements for retention of, the sederunt book for the period specified in regulation 13(5) of the Insolvency Practitioners Regulations 2005 M1.
Where the sederunt book is maintained in electronic form it must be capable of reproduction in hard copy form.
Annotations
Marginal citations
- M1
S.I. 2005/524. Such records must be preserved until the later of the sixth anniversary of the date of the grant of the insolvency practitioner's release or discharge, or of the date on which any security or caution maintained expires or otherwise ceases to have effect.