Paragraph 11 Rule 4.37

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

sch. 1-2 revoked in part by Insolvency (Receivership and Winding up) 2018 Sch. 1 para. 1
Sch. 2 para. 9(4) words substituted by Scotland Act 1998 (Consequential Modifications) 1999 Sch. 2 para. 141(21)
Sch. 2 para. 9(5) words substituted by Scotland Act 1998 (Consequential Modifications) 1999 Sch. 2 para. 141(22)
sch. 2 amended by Insolvency 1987
Sch. 2 savings for effects of S.S.I. 2018/347, Sch. 1 by Small Business, Enterprise and Employment Act 2015 (Consequential Amendments, Savings and Transitional Provisions) 2019 reg. 15 16
Sch. 2 para. 6 heading words substituted by Insolvency 2014 rule 10(2)
Sch. 2 para. 7A inserted by Insolvency 2014 rule 11(2)
Sch. 2 para. 15 inserted by Insolvency 2014 rule 26(8)

(1)

This Rule shall apply subject to the following modifications.

(2)

In paragraph (2), the reference to the court shall be omitted.

(3)

For paragraph (3), there shall be substituted the following:-

“(3)

Rule 4.28A applies as regards the liquidator obtaining his release, as if he had been removed by the court.”.

(4)

At the end of this Rule, there shall be inserted the following:-

“Vacation of office on making of winding up order

4.37A

Where the liquidator vacates office in consequence of the court making a winding up order against the company, Rule 4.28A applies as regards the liquidator obtaining his release, as if he had been removed by the court.”.