PART 10BANKRUPTCY
CHAPTER 4The interim receiver
Application for appointment of interim receiver (section 286)10
1
An application to the court under section 286 M1 for the appointment of the official receiver or an insolvency practitioner as interim receiver may be made by—
a
a creditor;
b
the debtor; F2or
c
a temporary administrator; F3...
F3d
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
The application must be supported by a witness statement stating—
a
the grounds on which it is proposed that the interim receiver should be appointed;
b
whether or not the official receiver has been informed of the application and, if so, whether a copy of it has been delivered to that person;
c
if the proposed interim receiver is an insolvency practitioner, that the insolvency practitioner has consented to act;
d
whether to the applicant's knowledge there has been proposed or is in force an IVA M2; and
e
the applicant's estimate of the value of the property or business in relation to which the interim receiver is to be appointed;
3
The applicant must deliver copies of the application and the witness statement to the proposed interim receiver and to the official receiver.
4
If for any reason it is not practicable to deliver a copy of the application to the proposed interim receiver that person must be informed of the application in sufficient time to be able to be present at the hearing.
5
The official receiver may attend the hearing of the application and make representations.
6
If satisfied that sufficient grounds are shown for the appointment, the court may appoint an interim receiver on such terms as it thinks just.