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Status:
Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol).
Applications under section 176A(5) to disapply section 176A
This
adran has no associated
Memorandwm Esboniadol
12.14.—(1) An application under section 176A(5) must be accompanied by a witness statement of the liquidator, administrator or receiver.
(2) The witness statement must state—
(a)the type of insolvency proceedings in which the application arises;
(b)a summary of the financial position of the company;
(c)the information substantiating the applicant’s view that the cost of making a distribution to unsecured creditors would be disproportionate to the benefits; and
(d)whether any other office-holder is acting in relation to the company and, if so, that office-holder’s address.
Yn ôl i’r brig