# The Payment and Electronic Money Institution Insolvency (England and Wales) Rules 2021, Article 127: Exclusion of proof by the court

Extent: E+W

(1) The court may exclude a proof or reduce the amount claimed—
(a) on the administrator’s application, where the administrator thinks that the proof has been improperly admitted, or ought to be reduced, or
(b) on the application of a creditor, if the administrator declines to interfere in the matter.
(2) Where application is made to the court under this rule, the court must fix a venue for the application to be heard, notice of which must be sent by the applicant—
(a) in the case of an application by the administrator, to the creditor who made the proof, and
(b) in the case of an application by a creditor, to the administrator and to the creditor who made the proof (if the applicant is not the same creditor).

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Source: https://www.legislation.gov.uk/uksi/2021/1178/article/127 (the official version)
Page: https://openlegislation.uk/payment-and-electronic-money-institution-insolvency-england-and-wales-rules-2021/article-127
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

