PART 21F1The EU Regulation

Annotations:
Amendments (Textual)

[Note: a document required by the Act or these Rules must also contain the standard contents set out in Part 1.]

Interpretation for this PartF321

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F321.1A

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Conversion into winding up proceedings or bankruptcy: applicationF321

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Conversion into winding up proceedings or bankruptcy: court orderF321

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Confirmation of creditors' voluntary winding up: applicationC2C121

1

This rule applies where—

a

a company has passed a resolution for voluntary winding up, and either—

i

no declaration of solvency has been made in accordance with section 89, or

ii

a declaration made under section 89—

aa

has no effect by virtue of section 89(2), or

bb

is treated as not having been made by virtue of section 96 M1; or

b

a company has moved from administration to creditors' voluntary winding up in accordance with paragraph 83 of Schedule B1 M2.

2

The liquidator may apply to court for an order confirming the winding up as a creditors' voluntary winding up for the purposes of the F2EU Regulation.

3

The application must be supported by a witness statement made by the liquidator which must contain—

a

identification details for the liquidator and the company;

b

the date on which the resolution for voluntary winding up was passed;

c

a statement that the application is accompanied by the documents required by paragraph (4);

d

a statement that the documents required by paragraph (4)(c) and (d) are true copies of the originals; and

F6e

a statement whether the proceedings will be COMI proceedings, establishment proceedings or proceedings to which the EU Regulation as it has effect in the law of the United Kingdom does not apply and the reasons for so stating.

4

The liquidator must file with the court—

a

two copies of the application;

b

evidence of having been appointed liquidator of the company;

c

a copy of—

i

the resolution for voluntary winding up, or

ii

the notice of moving from administration to creditors' voluntary winding up sent by the administrator to the registrar of companies under paragraph 83(3) of Schedule B1; and

d

a copy of—

i

the statement of affairs required by section 99 M3 or under paragraph 47 of Schedule B1, or

ii

the information included in the administrator's statement of proposals under rule 3.35(1)(h).

Confirmation of creditors' voluntary winding up: court order21

1

On an application under the preceding rule, the court may make an order confirming the creditors' voluntary winding up.

2

It may do so without a hearing.

3

If the court makes an order confirming the creditors' voluntary winding up, it must affix its seal to the application.

4

A member of the court staff may deal with an application under this rule.

Confirmation of creditors' voluntary winding up: notice to member State liquidatorF421

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Proceedings in another member State: duty to give notice F421

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Member State liquidator: rules on creditors' participation in proceedingsF421

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Main proceedings in England and Wales: undertaking by office-holder in respect of assets in another member State (Article 36 of the EU Regulation)F421.9

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Main proceedings in another member State: approval of undertaking offered by the member State liquidator to local creditors in the UKF421.10

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Powers of an office-holder or member State liquidator in proceedings concerning members of a group of companies (Article 60 of the EU Regulation)F421.11

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Group coordination proceedings (Section 2 of Chapter 5 of the EU Regulation)F521.12

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Annotations:
Amendments (Textual)
F5

Text here

Group coordination order (Article 68 EU Regulation)F421.13

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Delivery of group coordination order to registrar of companiesF421.14

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Office-holder’s reportF421.15

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Publication of opening of proceedings by a member State liquidatorF421.16

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Statement by member State liquidator that insolvency proceedings in another member State are closed etcF421.17

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