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Rule 68 Declaration of dividendI1

England and Wales

(1)

Subject to paragraph (2) of this Rule, within the 2 month period referred to in Rule 65(4)(a) the postal administrator shall proceed to declare the dividend to one or more classes of creditor of which the postal administrator gave notice.

(2)

Except with the permission of the court, the postal administrator shall not declare a dividend so long as there is pending any application to the court to reverse or vary a decision of the postal administrator on a proof, or to expunge a proof or to reduce the amount claimed.

(3)

If the court gives permission under paragraph (2) of this Rule, the postal administrator must make such provision in respect of the proof in question as the court directs.

Annotations

Commencement

I1

Rule 68 in force at 31.1.2014, see rule 1