The Insolvency (England and Wales) Rules 2016

Progress reports and statements to the registrar of companies

This section has no associated Explanatory Memorandum

7.—(1) Where an obligation to prepare a progress report arises before the commencement date but has not yet been fulfilled the following provisions of the 1986 Rules continue to apply—

(a)1986 rule 2.47 (reports to creditors in administration;

(b)1986 rules 4.49B and 4.49C (progress reports—winding up); and

(c)1986 rule 6.78A (reports to creditors in bankruptcy).

(2) Where before the commencement date, a conversion notice under paragraph 83 of Schedule B1 was sent to the registrar of companies but has not been registered on the commencement date, 1986 rule 2.117A(1) continues to apply once the notice has been registered.

(3) The provisions of these Rules relating to progress reporting do not apply—

(a)in the case of a bankruptcy, where the bankruptcy order was made on a petition presented before 6th April 2010; or

(b)in the case of a winding up, where the winding-up order was made on a petition presented before 6th April 2010.

(4) Where a voluntary winding up commenced before 6th April 2010, 1986 rule 4.223-CVL as it had effect immediately before that date, continues to apply.