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The Cross-Border Insolvency Regulations (Northern Ireland) 2007
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Rhagor o Adnoddau
Changes to legislation:
There are currently no known outstanding effects for the The Cross-Border Insolvency Regulations (Northern Ireland) 2007, Paragraph 52.
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Memorandwm Esboniadol
52.—(1) Subject to sub-paragraphs (2) to (7), in proceedings under these Regulations, any person stating himself in writing, in records kept by the court for that purpose, to be a creditor of the debtor to which the proceedings relate, is entitled at his own cost, to attend in court or in chambers at any stage of the proceedings.
(2) Attendance may be by the person himself, or his solicitor.
(3) A person so entitled may request the court in writing to give him notice of any step in the proceedings; and, subject to his paying the costs involved and keeping the court informed as to his address, the court shall comply with the request.
(4) If the court is satisfied that the exercise by a person of his rights under this paragraph has given rise to costs for the estate of the debtor which would not otherwise have been incurred and ought not, in the circumstances, to fall on that estate, it may direct that the costs be paid by the person concerned, to an amount specified.
(5) The rights of that person under this paragraph shall be in abeyance so long as those costs are not paid.
(6) The court may appoint one or more persons to represent the creditors of the debtor to have the rights conferred by this paragraph, instead of the rights being exercised by any or all of them individually.
(7) If two or more persons are appointed under sub-paragraph (6) to represent the same interest, they must (if at all) instruct the same solicitor.
Commencement Information
I1Sch. 2 para. 52 in operation at 12.4.2007, see reg. 1
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