# The Insolvency (Scotland) (Receivership and Winding up) Rules 2018, Article 10.26: Dealings by committee members and others: receivership


(1) This rule applies in a receivership.
(2) Membership of the committee does not prevent a person from dealing with the company provided that a transaction is in good faith and for value.
(3) The court may, on the application of an interested person—
(a) set aside a transaction which appears to it to be contrary to this rule; and
(b) make such other order about the transaction as it thinks just including an order requiring a person to whom this rule applies to account for any profit obtained from the transaction and compensate the company for any resultant loss.

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Source: https://www.legislation.gov.uk/ssi/2018/347/part/10/chapter/6/article/10n26 (the official version)
Page: https://openlegislation.uk/insolvency-scotland-receivership-and-winding-up-rules-2018/part-10/chapter-6/article-10n26
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.