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The Bank Insolvency (No. 2) Rules (Northern Ireland) 2009
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CHAPTER 9GENERAL
Principal court rules and practice to apply
226. The Rules of the Supreme Court (Northern Ireland) 1980(1) and the practice and procedure of the High Court (including any practice direction) apply to bank insolvency proceedings in the High Court, with any necessary modifications, except so far as is inconsistent with these Rules.
Right of attendance
227.—(1) Apply rule 7.47 of the 1991 Rules.
(2) For “company” substitute “bank”.
Restriction on concurrent proceedings and remedies
228. Where in a bank insolvency, the court makes an order staying any action, execution or legal process against the property of the bank, service of the order may be effected by delivering a sealed copy by personal service to the applicant for the bank insolvency order.
Security in court
229. Apply rule 7.53 of the 1991 Rules.
Further information and disclosure
230.—(1) Apply rule 7.54 of the 1991 Rules.
(2) After paragraph (2) insert—
“(3) Before the passing of a full payment resolution the court shall only grant an order on an application under paragraph (1)(b) if satisfied that granting the order is unlikely to prejudice the achievement of Objective 1.”.
Office copies of documents
231. Apply rule 7.55 of the 1991 Rules.
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