Version Superseded: 15/09/2003
Point in time view as at 01/02/1991. This version of this provision has been superseded.
Insolvency Act 1986, Section 246 is up to date with all changes known to be in force on or before 01 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)This section applies in the case of a company where—
(a)an administration order is made in relation to the company, or
(b)the company goes into liquidation, or
(c)a provisional liquidator is appointed;
and “the office-holder” means the administrator, the liquidator or the provisional liquidator, as the case may be.
(2)Subject as follows, a lien or other right to retain possession of any of the books, papers or other records of the company is unenforceable to the extent that its enforcement would deny possession of any books, papers or other records to the office-holder.
(3)This does not apply to a lien on documents which give a title to property and are held as such.
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