PART 3Miscellaneous amendments of the Insolvency Rules

Amendment of Part 7 of the Insolvency Rules34

1

Rule 7.5 (contents of petition) is amended as follows.

2

In paragraph (1), after “contain” insert “the following, and, in addition, where paragraph (1B) applies, the information specified in that paragraph”.

3

After paragraph (1) insert—

1A

Paragraph (1B) applies if a moratorium under Part A1 is in force.

1B

Where this paragraph applies the petition must contain—

a

a statement that a moratorium under Part A1 of the Act is in force for the company;

b

a statement as to which of the permitted exceptions to the restriction on winding up during a moratorium specified in section A20 applies; and

c

the name and contact details of the monitor.