Article 2.12 Receiver's report under section 67(1): content (prescribed part)M2
The receiver's report under section 67(1) must state (in addition to the matters required by section 67(1)) estimates to the best of the receiver's knowledge and belief of —
the value of the prescribed part (whether or not the receiver might be required under section 176A M1 to make the prescribed part available for the satisfaction of unsecured debts); and
the value of the company's net property (as defined by section 176A(6)).
The receiver may exclude from an estimate under paragraph (1) information the disclosure of which could seriously prejudice the commercial interests of the company.
If the exclusion of such information affects the calculation of an estimate, the report must say so.
If the receiver proposes to make an application to court under section 176A(5) the report must say so and give the reason for the application.
Annotations
Marginal citations
- M1
Section 176A was inserted by the Enterprise Act 2002 (c.40), section 252.
- M2
Rule 2.12 is included in the Rules by virtue of article 2 of S.S.I. 2017/209 - see section 70 and 71 of the Act.