Application to challenge decisions made by a meeting for an individual voluntary arrangement
| Author | Mark Watson-Gandy |
| Pages | 225-238 |
"
"
Ejcrvgt"37"
CRRNKECVKQP"VQ"EJCNNGPIG"FGEKUKQPU"
OCFG"D["C"OGGVKPI"HQT"CP"KPFKXKFWCN"
XQNWPVCT["CTTCPIGOGPV"
QDLGEVKXG"
Vjg"eqwtv"jcu"vjg"rqygt"vq"tgxqmg"qt"uwurgpf"cp{"crrtqxcn"ikxgp"d{"c"oggvkpi"qh"
etgfkvqtu"hqt"vjg"eqpukfgtcvkqp"qh"c"fgdvqtÓu"rtqrqucn"hqt"cp"KXC"cpf"jcu"c" ykfg"
fkuetgvkqp"vq"ikxg"fktgevkqpu"cu"vq"jqy"ocvvgtu"ujqwnf"dg"eqpfwevgf"hqt"vjg"hwvwtg03"
Vjg" fgdvqt."jku" etgfkvqtu" *yjgvjgt" qt" pqv" vjg{" jcf" pqvkeg" qh" vjg" oggvkpi+." vjg"
pqokpgg"cpf"*kh"vjg"fgdvqt"ku"cp"wpfkuejctigf"dcpmtwrv+"vjg"vtwuvgg"kp"dcpmtwrve{"
qt"vjg"Qhhkekcn"Tgegkxgt"gcej"jcu"vjg"tkijv"vq"uggm"vjku"tgnkgh04"
"
Kuuwgu"vjcv"eqwnf"dg"ejcnngpigf"kp"vjku"yc{"kpenwfg"fgekukqpu"uwej"cu"vjg"tglgevkqp"
qh"c"etgfkvqtÓu"encko"vq"xqvg.5"vjg" xcnwg"vq"dg"rwv"qp"vjg"xqvkpi6"qt"gxgp"cu"vq"vjg"
xqvkpi"kvugnh."qt"c"hcknwtg"vq"ikxg"rtqrgt"pqvkeg07"
"
Vjg" eqwtv" jcu" vjg" rqygt" vq" tgxgtug" vjg" fgekukqp" yjgtg" vjgtg" jcu"dggp"wphckt"
rtglwfkeg"qt"c"ocvgtkcn"kttgiwnctkv{08"Cp{"wphckt"rtglwfkeg"owuv"ctkug"htqo"vjg"KXC"
kvugnh09"
CRRNKECVKQP"
Vjg"crrnkecvkqp" ku" ocfg"d{" crrnkecvkqp" pqvkeg"qp" pqvkeg"wukpi" Hqto" KCC0"Vjg"
crrnkecvkqp"ujqwnf"ugv"qwv
"
"vjcv" vjg" crrnkecvkqp" ku" ocfg" wpfgt" vjg" Kpuqnxgpe{" Cev" 3;:8" qt" vjg"
Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"4238"*cu"vjg"ecug"oc{"dg+=:"
"
3" Ugevkqp"484*6+Î*8+"qh"vjg"Kpuqnxgpe{"Cev"3;:80"
4" Ugevkqp"484*4+"qh"vjg"Kpuqnxgpe{"Cev"3;:80"
5"Re a Debtor (no 222 of 1990) ex parte Bank of Ireland (No 2)"]3;;5̲"DENE"4550"
6"National Westminster Bank v Yadgaroff"]4233̲"GYJE"5933"*Ej+." ]4234̲"DRKT"593="Kapoor v
National Westminster Bank"]4233̲"GYEC"Ekx"32:5."]4233̲"DRKT"38:20"
7"Namulas Pension Trustees v Mouzakis"]4233̲"DRKT"39460"
8" Ugevkqp"484*3+"qh"vjg"Kpuqnxgpe{"Cev"3;:80"
9"Re a Debtor (No 259 of 1990) ]3;;4̲"3"YNT"4480"
:" Twng"3057*4+*c+"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"42380"
448" Personal Insolvency Practice"
"
"vjg"ugevkqp"pwodgt"qt"twng"wpfgt"yjkej"tgnkgh"ku"uqwijv=;"
"vjg"pcog"qh"vjg"rctvkgu=32"
"vjg"pcog"qh"vjg"dcpmtwrv"qt"fgdvqt=33"
"vjg"eqwtv"pcog=34"
"vjg"ecug"pwodgt=35"
"vjg"tgogf{"crrnkgf"hqt"qt"fktgevkqpu"uqwijv=36"
"vjg"pcog"cpf"cfftguu"qh"gcej"rgtuqp"vq"dg"ugtxgf"qt."kh"pqpg."vjcv"pq"rgtuqp"
yknn"dg"ugtxgf=37"
"yjgtg"vjgtg"ku" c"tgswktgogpv" hqt"rctvkewnct" rgtuqpu"vq"dg" ikxgp"pqvkeg"qh"
vjg"crrnkecvkqp"wpfgt"vjg"Cev"qt"Twngu."vjg"pcog"cpf"cfftguu"qh"gcej"uwej"
rgtuqp=38"
"vjg"crrnkecpvÓu"cfftguu"hqt"ugtxkeg039"
"
Vjg"crrnkecvkqp"pqvkeg"owuv"dg"cwvjgpvkecvgf"d{"vjg"crrnkecpv"qt"jku"uqnkekvqt03:"
"
Vjg" crrnkecvkqp" ujqwnf"dg" tgvwtpcdng" vq" vjg" Kpuqnxgpe{" cpf" Eqorcpkgu" Eqwtv"
Lwfig"kp"vjg" Dcpmtwrve{"Tgikuvt{" qt"vq"vjg" fkuvtkev"lwfig" kp"c"Ejcpegt{" Fkuvtkev"
Tgikuvt{"qt"eqwpv{"eqwtv"ykvj"kpuqnxgpe{"lwtkufkevkqp0"
"
Vjg"crrnkecvkqp"owuv"dg"ocfg"ykvjkp"4:"fc{u"qh"vjg"fgekukqp."dgikppkpi"ykvj"vjg"
hktuv"fc{" wrqp" yjkej"vjg" etgfkvqtuÓ" oggvkpiÓu"tgrqtv" ycu" ocfg"vq" vjg" eqwtv."qt""
4:"fc{u"htqo"vjg"fcvg"vjg"etgfkvqt"hktuv"dgecog"cyctg"qh"vjg"oggvkpi"kh"jg"ycu"pqv"
ikxgp"pqvkeg"qh"vjg"ucog03;"
EQWTV"HGGU"
Yjgtg"vjg"crrnkecvkqp"ku"ocfg"d{"qtfkpct{"crrnkecvkqp"qp"pqvkeg"vq"qvjgt"rctvkgu."
c" eqwtv" hgg" qh" ˚;;" ku" rc{cdng042"Yjgtg" vjg" crrnkecvkqp" ku" ocfg" d{" eqpugpv" qt"
ykvjqwv"pqvkeg"kp"gzkuvkpi"rtqeggfkpiu."c"eqwtv"hgg"qh"˚48"ku"rc{cdng043"
"
;" Twng"3057*4+*d+"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"42380"
32" Twng"3057*4+*e+"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"42380"
33" Twng"3057*4+*f+"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"42380"
34" Twng"3057*4+*g+"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"42380"
35" Twng"3057*4+*h+"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"42380"
36" Twng"3057*4+*i+"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"42380"
37" Twng"3057*4+*j+"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"42380"
38" Twng"3057*4+*k+"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"42380"
39" Twng"3057*4+*l+"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"42380"
3:" Twng" 3057*5+" qh" vjg" Kpuqnxgpe{" *Gpincpf" cpf" Ycngu+" Twngu" 42380" Hqt" yjcv" coqwpvu" vq"
cwvjgpvkecvkqp."ugg"twng"3070"Hqt"jctf"eqr{"crrnkecvkqpu."vjku"ogcpu"ukipgf
3;" Ugevkqp"484*5+"qh"vjg"Kpuqnxgpe{"Cev"3;:80"
42" Hgg"5034."GZ72C"Iwkfcpeg"qp"Eqwtv"Hggu"*Octej"4244+0"
43" Hgg"5033."GZ72C"Iwkfcpeg"qp"Eqwtv"Hggu"*Octej"4244+0"
"Application to Challenge Decisions Made by a Meeting for an IVA" 449"
"
GXKFGPEG"
C"ykvpguu"uvcvgogpv"ujqwnf"dg"rtgrctgf"kp"uwrrqtv"qh"vjg"crrnkecvkqp0"Vjku"ujqwnf"
cfftguu
"
"vjg"kfgpvkv{"qh"vjg"fgrqpgpv="
"vjg"uvcig"yjkej"vjg"KXC"jcu"tgcejgf="
"yjcv"vjg"fgrqpgpvÓu" kpvgtguv"ku" kp"vjg"fgekukqp" *ku"jg" c"etgfkvqt"cpf" yjcv"
xcnwg"ujqwnf"dg"ikxgp"vq"jku"xqvg"cpf"yj{+="
"yjcv"fgekukqp"vjg"oggvkpi"ocfg="
"yjgp"vjg"fgekukqp"ycu"ocfg="
"yj{"vjcv"fgekukqp"ku"ytqpi="
"vjcv"vjgtg"jcu"dggp"wphckt"rtglwfkeg"qt"c"ocvgtkcn" kttgiwnctkv{"cpf"yj{"vjg"
fgrqpgpv"uc{u"vjku"ku"uq0"
"
Cpf"ujqwnf"gzjkdkv
"
"c"eqr{"qh"vjg"cttcpigogpv"qt"rtqrqucn="
"rtqqh"qh"vjg"fgdv"tgnkgf"qp="
"cp{"fqewogpvu"gxkfgpekpi"vjg"fgekukqp"ocfg"cpf"kvu"fcvg="
"cp{"fqewogpvu"tgnkgf"qp"cu"gxkfgpekpi"vjg"wphcktpguu"qh"vjg"fgekukqp0"
UGTXKEG"
Vjg"crrnkecvkqp" cpf" vjg" gxkfgpeg" kp" uwrrqtv" yknn" pggf" vq" dg" hkngf" cv" eqwtv" cpf"
ugtxgf"qp"vjg"tgurqpfgpvu"cu"uqqp"cu"rtcevkecdng"chvgt"kv"ku"hkngf"cpf"kp"cp{"gxgpv."
wpnguu"kv"ku"pgeguuct{" vq"crrn{"ykvjqwv"pqvkeg"qt" qp"ujqtv"pqvkeg."cv" ngcuv"36"fc{u"
dghqtg"vjg"fcvg"hkzgf"hqt"vjg"jgctkpi044""
"
Vjg"wuwcn"twng"ku"vjcv."uwdlgev"vq"cp{"qvjgt"gzrtguu"rtqxkukqp."vjg"crrnkecvkqp"owuv"
dg"ugtxgf" cv"ngcuv"36" fc{u"dghqtg" vjg"fcvg" hkzgf"hqt"vjg" jgctkpi045"Jqygx gt."vjg"
eqwtv"fqgu"jcxg" rqygt."kp"ecugu" qh"wtigpe{."vq" jgct"cp"crrnkecvkqp" koogfkcvgn{"
ykvj"qt"ykvjqwv"pqvkeg"vq"vjg"qvjgt"rctvkgu046"
"
Ugtxkeg"oc{"dg" ghhgevgf"rgtuqpcnn{47"qt"d{"rquv" qp"vjg"tgurqpfgpv"*Rctv" 8"qh"vjg"
ERT"crrnkgu"hqt"vjgug"rwtrqugu+48"qt."yjgtg"vjg{"jcxg"cwvjqtkv{"vq"ceegrv"ugtxkeg."
qp"vjg"tgurqpfgpvÓu"uqnkekvqtu049"Gngevtqpke"ugtxkeg"qh"fqewogpvu"ku"pqy"rgtokuukdng"
wpfgt"vjg" Twngu." rtqxkfkpi"vjg" tgurqpfgpv"ewttgpvn{" eqpugpvu"vq"ugtxkeg"kp"vjcv"
yc{"cpf"jcu"rtqxkfgf"cp"gockn"cfftguu"hqt"ugtxkeg"kp"vjcv"yc{04:"
"
44" Twng"340;*5+"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"42380"
45" Twng"340;*5+"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"42380"
46" Twng"34032*3+"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"42380"
47" Twng"3066"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"42380"
48" Uejgfwng"6."rctcitcrj"3*4+"vq"vjg"Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"42380"
49" Twng"3062"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"42380"
4:" Twng"3067"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf"Ycngu+"Twngu"42380"
44:" Personal Insolvency Practice"
"
MG["OCVGTKCNU"
Ugevkqpu"484Î484D"qh"vjg"Kpuqnxgpe{"Cev"3;:8"
484" Ejcnngpig"qh"etgfkvqtuÓ"fgekukqp"
*3+" Uwdlgev"vq"vjku"ugevkqp." cp"crrnkecvkqp"vq" vjg"eqwtv"oc{"dg" ocfg."d{"cp{"qh"
vjg" rgtuqpu" urgekhkgf" dgnqy." qp" qpg" qt" dqvj" qh" vjg" hqnnqykpi" itqwpfu."
pcogn{Ï"
"
*c+" vjcv"c"xqnwpvct{"cttcpigogpv"crrtqxgf"d{"c"fgekukqp"qh"vjg"fgdvqtÓu"
etgfkvqtu"rwtuwcpv"vq"ugevkqp" 479"wphcktn{"rtglwfkegu" vjg"kpvgtguvu"qh"c"
etgfkvqt"qh"vjg"fgdvqt="
*d+" vjcv"vjgtg"jcu"dggp"uqog"ocvgtkcn"kttgiwnctkv{"kp"tgncvkqp"vq"c"etgfkvqtuÓ"
fgekukqp"rtqegfwtg"kpuvkicvgf"wpfgt"vjcv"ugevkqp0"
"
*4+" Vjg"rgtuqpu"yjq"oc{"crrn{"wpfgt"vjku"ugevkqp"ctgÏ"
"
*c+" vjg"fgdvqt="
*d+" c"rgtuqp"yjqÏ"
"
*k+" ycu"gpvkvngf."kp"ceeqtfcpeg"ykvj"vjg"twngu."vq"xqvg"kp"vjg"etgfkvqtuÓ"
fgekukqp"rtqegfwtg."qt"
*kk+" yqwnf"jcxg"dggp"uq"gpvkvngf"kh"jg"jcf"jcf"pqvkeg"qh"kv"
"
*e+" vjg" pqokpgg" *qt" jku" tgrncegogpv" wpfgt" ugevkqp" 478*5+." 478C*6+" qt"
47:*5++="cpf"
*f+" kh"vjg" fgdvqt"ku" cp"wpfkuejctigf" dcpmtwrv."vjg" vtwuvgg"qh"jku" guvcvg"qt"
vjg"qhhkekcn"tgegkxgt0"
"
*5+" Cp"crrnkecvkqp"wpfgt"vjku"ugevkqp"ujcnn"pqv"dg"ocfgÏ"
"
*c+" chvgt"vjg"gpf"qh"vjg"rgtkqf"qh"4:"fc{u"dgikppkpi"ykvj"vjg"fc{"qp"yjkej"
vjg" etgfkvqtu" fgekfgf" yjgvjgt" vq" crrtqxg" vjg" rtqrqugf" xqnwpvct{"
cttcpigogpv"qt."yjgtg" c"tgrqtv" ycu"tgswktgf" vq"dg" ocfg"vq"vjg" eqwtv"
wpfgt"ugevkqp"47;*3+*d+."vjg"fc{"qp"yjkej"vjg"tgrqtv"ycu"ocfg"qt"
*d+" kp"vjg"ecug"qh"c"rgtuqp"yjq"ycu"pqv"ikxgp"pqvkeg"qh"vjg"etgfkvqtuÓ"
fgekukqp"rtqegfwtg." chvgt"vjg" gpf"qh" vjg"r gtkqf"qh" 4:"fc{u" dgikppkpi"
ykvj"vjg"fc{"qp"yjkej" jg"dgecog"cyctg"vjcv" c"fgekukqp"cu"vq"yjgvjgt"
vq"crrtqxg"vjg"rtqrqugf"xqnwpvct{"cttcpigogpv"jcf"dggp"ocfg.""
"
" dwv" *uwdlgev" vq" vjcv+" cp" crrnkecvkqp" ocfg" d{" c" rgtuqp" ykvjkp" uwdugevkqp"
*4+*d+*kk+"qp"vjg"itqwpf"vjcv"vjg"cttcpigogpv"rtglwfkegu"jku"kpvgtguvu"oc{"dg"
ocfg"chvgt"vjg"cttcpigogpv"jcu"egcugf"vq"jcxg"ghhgev."wpnguu"kv"jcu"eqog"vq"
cp"gpf"rtgocvwtgn{0"
*6+" Yjgtg"qp"cp"crrnkecvkqp"wpfgt"vjku"ugevkqp"vjg"eqwtv" ku"ucvkuhkgf"cu"vq"gkvjgt"
qh"vjg" itqwpfu" ogpvkqpgf"kp" uwdugevkqp"*3+." kv" oc{"fq" qpg" qt"dqvj" qh" vjg"
hqnnqykpi."pcogn{Ï"
"
"Application to Challenge Decisions Made by a Meeting for an IVA" 44;"
"
*c+" tgxqmg"qt" uwurgpf" cp{" crrtqxcn"ikxgp"d{"c"fgekukqp"qh"vjg"fgdvqtÓu"
etgfkvqtu="
*d+" fktgev"cp{"rgtuqp"vq"uggm"c"fgekukqp"htqo"vjg"fgdvqtÓu"etgfkvqtu"*wukpi"
c"etgfkvqtuÓ"fgekukqp"rtqegfwtg+"cu"vq"yjgvjgt"vjg{"crrtqxgÏ"
"
*k+" cp{"tgxkugf"rtqrqucn"vjg"fgdvqt"oc{"ocmg."qt"
*kk+" kp" c" ecug" hcnnkpi" ykvjkp" uwdugevkqp" *3+*d+." vjg" fgdvqtÓu" qtkikpcn"
rtqrqucn0"
"
*7+" Yjgtg"cv"cp{"vkog"chvgt"ikxkpi"c"fktgevkqp"wpfgt"uwdugevkqp"*6+*d+"kp"tgncvkqp"
vq"c"tgxkugf"rtqrqucn"vjg"eqwtv"ku"ucvkuhkgf"vjcv"vjg" fgdvqt"fqgu"pqv"kpvgpf"vq"
uwdokv"uwej" c"rtqrqucn." vjg"eqwtv" ujcnn"tgxqmg" vjg"f ktgevkqp"cpf"tgxqmg" qt"
uwurgpf"cp{"crrtqxcn"rtgxkqwun{"ikxgp"d{"vjg"fgdvqtÓu"etgfkvqtu0"
*8+" Yjgtg"vjg"eqwtv"ikxgu" c"fktgevkqp"wpfgt"uwdugevkqp"*6+*d+." kv"oc{"cnuq"ikxg"
c"fktgevkqp"eqpvkpwkpi"qt."cu"vjg"ecug"oc{"tgswktg."tgpgykpi."hqt"uwej"rgtkqf"
cu"oc{" dg"urgekhkgf" kp"vjg" fktgevkqp."vjg" ghhgev"kp" tgncvkqp"vq"vjg"fgdvqt"qh"
cp{"kpvgtko"qtfgt0"
*9+" Kp"cp{"ecug"yjgtg"vjg"eqwtv."qp"cp"crrnkecvkqp"ocfg"wpfgt"vjku"ugevkqp"ykvj"
tgurgev"vq"c"etgfkvqtuÓ"fgekukqp."ikxgu"c"fktgevkqp"wpfgt"uwdugevkqp"*6+*d+"qt"
tgxqmgu"qt" uwurgpfu" cp"crrtqxcn" wpfgt"uwdugevkqp" *6+*c+" qt"*7+."vjg"eqwtv"
oc{" ikxg" uwej" uwrrngogpvcn" fktgevkqpu" cu" kv" vjkpmu" hkv" cpf." kp" rctvkewnct."
fktgevkqpu"ykvj"tgurgev"vqÏ"
"
*c+" vjkpiu" fqpg" ukpeg" vjg" fgekukqp" wpfgt" cp{" xqnwpvct{" cttcpigogpv"
crrtqxgf"d{"vjg"oggvkpi."cpf"
*d+" uwej"vjkpiu"fqpg"ukpeg"vjg"fgekukqp"cu"eqwnf"pqv"jcxg"dggp"fqpg"kh"cp{"
kpvgtko"qtfgt"jcf"dggp"kp"hqteg"kp"tgncvkqp"vq"vjg"fgdvqt"yjgp"vjg{"ygtg"
fqpg0"
"
*:+" Gzegrv"kp"rwtuwcpeg"qh"vjg"rtgegfkpi"rtqxkukqpu"qh"vjku"ugevkqp."vjg"crrtqxcn"
qh"c"xqnwpvct{"cttcpigogpv"d{"c"fgekukqp" qh"vjg"fgdvqtÓu"etgfkvqtu"rwtuwcpv"
vq" ugevkqp" 479" ku" pqv" kpxcnkfcvgf" d{" cp{" kttgiwnctkv{" kp" tgncvkqp" vq" vjg"
etgfkvqtuÓ"fgekukqp"rtqegfwtg"d{"yjkej"vjg"fgekukqp"ycu"ocfg0"
"
484C" Hcnug"tgrtgugpvcvkqpu"gve0"
*3+" Kh"hqt"vjg"rwtrqug"qh"qdvckpkpi"vjg"crrtqxcn"qh"jku"etgfkvqtu"vq"c"rtqrqucn"hqt"
c"xqnwpvct{"cttcpigogpv."vjg"fgdvqtÏ"
"
*c+" ocmgu"cp{"hcnug"tgrtgugpvcvkqp."qt"
*d+" htcwfwngpvn{"fqgu."qt"qokvu"vq"fq."cp{vjkpi."
"
" jg"eqookvu"cp"qhhgpeg0"
*4+" Uwdugevkqp"*3+"crrnkgu"gxgp"kh"vjg"rtqrqucn"ku"pqv"crrtqxgf0"
*5+" C"rgtuqp"iwknv{"qh"cp"qhhgpeg"wpfgt"vjku"ugevkqp"ku"nkcdng"vq"kortkuqpogpv"qt"
c"hkpg."qt"dqvj0"
"
452" Personal Insolvency Practice"
"
484D" Rtqugewvkqp"qh"fgnkpswgpv"fgdvqtu"
*3+" Vjku"ugevkqp"crrnkgu"yjgtg"c"xqnwpvct{"cttcpigogpv"crrtqxgf"d{"c"fgekukqp"
qh"vjg"fgdvqtÓu"etgfkvqtu"rwtuwcpv"vq"ugevkqp"479"jcu"vcmgp"ghhgev0"
*4+" Kh"kv"crrgctu"vq"vjg"pqokpgg"qt" uwrgtxkuqt"vjcv"vjg"fgdvqt"jcu"dggp"iwknv{" qh"
cp{"qhhgpeg"kp" eqppgevkqp"ykvj"vjg"cttcpigogpv" hqt"yjkej"jg"ku" etkokpcnn{"
nkcdng."jg"ujcnn"hqtvjykvjÏ"
"
*c+" tgrqtv"vjg"ocvvgt"vq"vjg"Ugetgvct{"qh"Uvcvg."cpf"
*d+" rtqxkfg" vjg" Ugetgvct{" qh" Uvcvg" ykvj" uwej" kphqtocvkqp" cpf" ikxg" vjg"
Ugetgvct{" qh" Uvcvg" uwej" ceeguu" vq" cpf" hceknkvkgu" hqt" kpurgevkpi"cpf""
vcmkpi" eqrkgu"qh" fqewogpvu" *dgkpi" kphqtocvkqp" qt" fqewogpvu" kp" jku"
rquuguukqp"qt"wpfgt"jku" eqpvtqn"cpf"tgncvkpi"vq"vjg" ocvvgt"kp"swguvkqp+"
cu"vjg"Ugetgvct{"qh"Uvcvg"tgswktgu0"
"
*5+" Yjgtg"c"rtqugewvkpi"cwvjqtkv{"kpuvkvwvgu"etkokpcn"rtqeggfkpiu"hqnnqykpi"cp{"
tgrqtv"wpfgt"uwdugevkqp"*4+."vjg"pqokpgg"qt."cu" vjg"ecug"oc{"dg."uwrgtxkuqt"
ujcnn" ikxg" vjg"cwvjqtkv{" cnn" cuukuvcpeg" kp" eqppgevkqp" ykvj" vjg" rtqugewvkqp"
yjkej"jg"ku"tgcuqpcdn{"cdng"vq"ikxg0"
" Hqt" vjku" rwtrqug." Òrtqugewvkpi" cwvjqtkv{Ó" ogcpu" vjg" Fktgevqt" qh" Rwdnke"
Rtqugewvkqpu"qt"vjg"Ugetgvct{"qh"Uvcvg0"
*6+" Vjg" eqwtv" oc{." qp" vjg" crrnk ecvkqp"qh" vjg" rtqugewvkpi" cwvjqtkv{." fktgev" c"
pqokpgg" qt" uwrgtxkuqt" vq" eqorn{" ykvj" uwdugevkqp" *5+" kh" jg" jcu" hckngf" vq""
fq"uq0"
Twngu":044Î:046"qh"vjg"Kpuqnxgpe{"*Gpincpf"cpf""
Ycngu+"Twngu"4238"
Eqpukfgtcvkqp"qh"vjg"rtqrqucn"
:0440Ï*3+"Vjku"twng"crrnkgu"yjgtg"vjg"pqokpgg"ku"tgswktgf"vq"uggm"c "fge kuk qp"h tqo "
vjg"fgdvqtÓu"etgfkvqtu"cu"vq"yjgvjgt"vjg{"crrtqxg"vjg"fgdvqtÓu"rtqrqucn0""
*4+" Vjg" pqokpgg" owuv" fgnkxgt" vq" gcej" etgfkvqt" c" pqvkeg" yjkej" eqornkgu" ykvj""
twng"370:"uq"hct"cu"ku"tgngxcpv0""
*5+" Vjg"pqvkeg"owuv"cnuq"eqpvckpÏ""
"
*c+" kfgpvkhkecvkqp"fgvcknu"hqt"vjg"rtqeggfkpiu="
*d+" yjgtg"cp" kpvgtko"qtfgt" jcu"pqv" dggp"qdvckpgf." fgvcknu"qh" vjg"eqwtv" qt"
jgctkpi"egpvtg" vq"yjkej"cp" crrnkecvkqp"tgncvkpi" vq"vjg"rtqrqucn"qt"vjg"
KXC"owuv"dg"ocfg"wpfgt"twng":042*4+="
*e+" yjgtg"cp"kpvgtko"qtfgt"ku"kp"hqteg."fgvcknu"qh"vjg"eqwtv"qt"jgctkpi"egpvtg"
kp"yjkej"vjg"pqokpggÓu"tgrqtv"qp"vjg"fgdvqtÓu"rtqrqucn"jcu"dggp"hkngf"
wpfgt"ugevkqp"478*3+="
*f+" c"uvcvgogpv" cu"vq" jqy"c" rgtuqp"gpvkvngf" vq"xqvg" hqt"vjg" rtqrqucn"oc{"
rtqrqug"c"oqfkhkecvkqp"vq"kv."cpf"jqy"vjg"pqokpgg"yknn"fgcn"ykvj"uwej"
c"rtqrqucn"hqt"c"oqfkhkecvkqp0"
"
*6+" Vjg"pqvkeg"oc{"eqpvckp"qt"dg"ceeqorcpkgf"d{"c"pqvkeg"vjcv"vjg"tguwnvu"qh"vjg"
eqpukfgtcvkqp" qh" vjg" rtqrqucn" yknn" dg" ocfg" cxckncdng" hqt" xkgykpi" cpf"
fqypnqcfkpi"qp"c"ygdukvg" cpf"vjcv"pq" qvjgt"pqvkeg"yknn"dg" fgnkxgtgf"vq"vjg"
etgfkvqtu"vq"yjqo"vjg"pqvkeg"wpfgt"vjku"twng"ycu"ugpv0""
"Application to Challenge Decisions Made by a Meeting for an IVA" 453"
"
*7+" Yjgtg" vjg" tguwnvu" qh" vjg" eqpukfgtcvkqp" qh" vjg" rtqrqucn" ctg" vq" d g" ocfg"
cxckncdng" hqt" xkgykpi" cpf" fqypnqcfkpi" qp" c" ygdukvg" vjg" pqokpgg" owuv"
eqorn{"ykvj"vjg"tgswktgogpvu"hqt"wug"qh"c"ygdukvg"vq"fgnkxgt"c"fqewogpv"ugv"
qwv"kp"twng"306;*4+*c+" vq"*e+."*5+"cpf"*6+"ykvj" cp{"pgeguuct{"cfcrvcvkqpu"cpf"
twng"306;*7+*c+"crrnkgu"vq"fgvgtokpg"vjg"vkog"qh"fgnkxgt{"qh"vjg"fqewogpv0""
*8+" Vjg"pqvkeg" owuv"dg" ceeqorcpkgf"d{" vjg"hqnnqykpi" *wpnguu"vjg{"jcxg" dggp"
fgnkxgtgf"cntgcf{"wpfgt"twng":03;+Ï""
"
*c+" c"eqr{"qh"vjg"rtqrqucn="
*d+" c" eqr{" qh" vjg" uvcvgogpv" qh" chhcktu." qt" c" uwooct{" kpenwfkpi" c" nkuv" qh"
etgfkvqtu"ykvj"vjg"coqwpvu"qh"vjgkt"fgdvu="cpf"
*e+" c"eqr{"qh"vjg"pqokpggÓu"tgrqtv"qp"vjg"rtqrqucn0"
"
*9+" Vjg"fgekukqp"fcvg"owuv"dg"pqv"nguu"vjcp"36"fc{u"htqo"vjg"fcvg"qh"fgnkxgt{"qh"
vjg"pqvkeg"cpf"pqv"oqtg"vjcp"4:"fc{u"htqo"vjg"fcvg"qp"yjkejÏ""
"
*c+" vjg"pqokpgg"tgegkxgf"vjg"fqewogpv"cpf"uvcvgogpv"qh"chhcktu"tghgttgf"vq"
kp" ugevkqp" 478C*4+" kp" c" ecug" yjgtg" cp" kpvgtko" qtfgt" jcu" pqv" dggp"
qdvckpgf="qt"
*d+" vjg"pqokpggÓu"tgrqtv" ycu"eqpukfgtgf" d{"vjg" eqwtv"kp"c" ecug"yjgtg" cp"
kpvgtko"qtfgt"ku"kp"hqteg0"
"
Rtqrqucnu"hqt"cp"cnvgtpcvkxg"uwrgtxkuqt"
:0450Ï*3+" Kh" kp" tgurqpug" vq" c" pqvkeg" qh" c" fgekukqp" rtqegfwtg" vq"eqpukfgt"vjg"
rtqrq ucn"qvj gt"vjcp "cv"c"og gvkpi. "c"etgfk vqt"rt qrqugu "vjcv"c"r gtuqp"qvjgt"vjcp"
vjg"p qokpgg" dg" crrqkpvgf" cu" uwrgtxkuqt." vjcv" rgtuqpÓu" eqpugpv" vq" cev" cpf"
eqphktocvkqp"qh"dgkpi"swcnkhkgf"vq"cev"cu"cp"kpuqnxgpe{"rtcevkvkqpgt"*qt"dgkpi"
cp" cwvjqtkugf" rgtuqp+" kp" tgncvkqp" vq" vjg" fgdvqt" owuv"d g"fgnkxgtgf" vq" vjg"
pqokpgg"d{"vjg"etgfkvqt0"
*4+" Kh"cv"c"etgfkvqtuÓ"oggvkpi"vq"eqpukfgt"vjg"rtqrqucn" c"tguqnwvkqp"ku"oqxgf"hqt"
vjg"crrqkpvogpv" qh"c" rgtuqp"qvjgt" vjcp"vjg" pqokpgg"vq" dg"uwrgtxkuqt." vjcv"
rgtuqp"owuv"rtqfweg"vq"vjg"ejckt"cv"qt"dghqtg"vjg"oggvkpiÏ"
"
*c+" eqphktocvkqp"qh"dgkpi"swcnkhkgf"vq"cev"cu"cp"kpuqnxgpe{"rtcevkvkqpgt"*qt"
dgkpi"cp"cwvjqtkugf"rgtuqp+"kp"tgncvkqp"vq"vjg"fgdvqt="cpf"
*d+" ytkvvgp"eqpugpv"vq"cev" *wpnguu"vjg"rgtuqp"ku"rtgugpv"cv" vjg"oggvkpi"cpf"
ukipkhkgu"eqpugpv+0"
"
Tgrqtv"qh"vjg"etgfkvqtuÓ"eqpukfgtcvkqp"qh"c"rtqrqucn"
:0460Ï*3+"C"tgrqtv"qh"vjg"etgfkvqtuÓ"eqpukfgtcvkqp"qh"c"rtqrqucn"owuv"dg"rtgrctgf"
d{"vjg"eqpxgpgt"qt."kh"vjg"rtqrqucn"ku"eqpukfgtgf"cv"c"oggvkpi."d{"vjg"ejckt0"
*4+" Vjg"tgrqtv"owuvÏ"
"
*c+" uvcvg"yjgvjgt"vjg"rtqrqucn"ycu" crrtqxgf"qt"tglgevgf"cpf."kh" crrtqxgf."
ykvj"yjcv"*kh"cp{+"oqfkhkecvkqpu="
*d+" nkuv"vjg"etgfkvqtu"yjq"xqvgf"qt"cvvgpfgf"qt"yjq"ygtg"tgrtgugpvgf"cv"vjg"
oggvkpi" qt" fgekukqp" rtqegfwtg" *cu" crrnkecdng+" wugf" vq" eqpukfgt" vjg"
rtqrqucn."ugvvkpi"qwv"*ykvj" vjgkt"tgurgevkxg"xcnwgu+"jqy" vjg{"xqvgf"qp"
gcej"tguqnwvkqp"qt"yjgvjgt"vjg{"cduvckpgf="
454" Personal Insolvency Practice"
"
*e+" kh"vjg"rtqrqucn"ycu"crrtqxgf."uvcvg"yjgvjgt"vjg"rtqeggfkpiu"ctg"ockp."
vgttkvqtkcn"qt"pqp/GW"rtqeggfkpiu"cpf"vjg"tgcuqpu"hqt"uq"uvcvkpi="cpf"
*f+" kpenwfg" uwej" hwtvjgt" kphqtocvkqp" cu" vj g"pqokp gg" qt" vjg" ejckt" vjkpmu"
crrtqrtkcvg0"
"
*5+" Yjgtg"cp"kpvgtko"qtfgt"ycu"qdvckpgf"c"eqr{"qh"vjg"tgrqtv"owuv"dg"hkngf"ykvj"
vjg"eqwtv."ykvjkp"hqwt"dwukpguu"fc{u"qh"vjg"fgekukqp"fcvg0"
*6+"" Vjg"eqwtv"owuv"gpfqtug"vjg"eqr{"qh"vjg"tgrqtv"ykvj"vjg"fcvg"qh"hknkpi0"
*7+" Vjg"pqokpgg"owuv"ikxg"pqvkeg"qh"vjg"tguwnv"qh"vjg"eqpukfgtcvkqp"vqÏ"
"
*c+" gxgt{qpg"yjq"ycu"kpxkvgf"vq"eqpukfgt"vjg"rtqrqucn"cpf"vq"yjqo"pqvkeg"
qh"vjg"fgekukqp"rtqegfwtg"ycu"fgnkxgtgf="
*d+" cp{"qvjgt"etgfkvqt="cpf"
*e+" yjgtg"vjg"fgdvqt"ku"cp"wpfkuejctigf"dcpmtwrv."vjg"qhhkekcn"tgegkxgt"cpf"
cp{"vtwuvgg0"
"
*8+" Vjg"pqvkeg"owuv"dg"ikxgpÏ"
"
*c+" yjgtg"cp"kpvgtko"qtfgt"ycu"qdvckpgf."cu"uqqp"cu"tgcuqpcdn{"rtcevkecdng"
chvgt"c"eqr{"qh"vjg"tgrqtv"ku"hkngf"ykvj"vjg"eqwtv="qt"
*d+" yjgtg"cp"kpvgtko"qtfgt"ycu"pqv"qdvckpgf."ykvjkp"hqwt"dwukpguu"fc{u"qh"
vjg"fgekukqp"fcvg0"
"Application to Challenge Decisions Made by a Meeting for an IVA" 455"
"
3703" CRRNKECVKQP"HQT"CP"QTFGT"TGXQMKPI"C"
FGEKUKQP"OCFG"D["VJG"ETGFKVQTUÓ"
OGGVKPI"KP"CP"KPFKXKFWCN"XQNWPVCT["
CTTCPIGOGPV"
456" Personal Insolvency Practice"
"
"Application to Challenge Decisions Made by a Meeting for an IVA" 457"
"
458" Personal Insolvency Practice"
"
3704" YKVPGUU"UVCVGOGPV"KP"UWRRQTV"QH"CP"
CRRNKECVKQP"HQT"CP"QTFGT"TGXQMKPI"C"
FGEKUKQP"OCFG"D["VJG"ETGFKVQTUÓ"
OGGVKPI"KP"CP"KPFKXKFWCN"XQNWPVCT["
CTTCPIGOGPV"
"Application to Challenge Decisions Made by a Meeting for an IVA" 459"
"
Ey;77”"E⁄yNj⁄}
45:" Personal Insolvency Practice"
"
3705" FTCHV"QTFGT"TGXQMKPI"C"FGEKUKQP"OCFG"
D["VJG"ETGFKVQTUÓ"OGGVKPI"KP"CP"
KPFKXKFWCN"XQNWPVCT["CTTCPIGOGPV"
To continue reading
Request your trial