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Commentary

89 The hearing

BANKRUPTCY AND INSOLVENCY (CORPORATE INSOLVENCY) vol 3(3)
| Commentary

89 The hearing

| Commentary

89 The hearing

Very few cases come to court under the Insolvency Act 1986 Section 8, Schedule B1, and those that do, in the main, consist of cases where there is a contest with a pending winding-up petition, or where a hostile application is made by a creditor other than a holder of a qualifying floating charge or where there is doubt whether the right to appoint has arisen under a qualifying charge or where the proposal is likely to be controversial. The overall discretion of the court assumes much greater importance in such cases than it did on

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