The Insolvency (England and Wales) Rules 2016

Request to appoint former administrator or supervisor as liquidator (section 140)

This section has no associated Explanatory Memorandum

7.30.—(1) This rule applies where a petition requests under section 140(1) the appointment of a former administrator or supervisor as liquidator.

(2) The person whose appointment is sought (“the appointee”) must, not less than two business days before the return day fixed under rule 7.29(3), file with the court a report including particulars of—

(a)the date on which the appointee delivered notice to creditors of the company, of the appointee’s intention to seek appointment as liquidator, such date to be at least seven business days before the day on which the report is filed; and

(b)details of any response from creditors to that notice, including any objections to the proposed appointment.

(1)

Section 140(3) is amended by paragraph 35 of Schedule 9 to the Small Business, Enterprise and Employment Act 2015 (c.26).