4: OTHER BANKRUPTCY PETITIONS120 Petition where IVA in forceWhere an IVA is in force for a debtor, a petition may be presented by the supervisor of the arrangement or by a person, other than the debtor, who is bound by it1. The court may not make a bankruptcy order on such a petition unless it is satisfied2:120.1 that the debtor has failed to comply with his obligations under the IVA; or120.2 that information which was false or misleading in any material particular or which contained material omissions:120.2.1 was contained in any statement of affairs or other
Where an IVA is in force for a debtor, a petition may be presented by the supervisor of the arrangement or by a person, other than the debtor, who is bound by it1. The court may not make a bankruptcy order on such a petition unless it is satisfied2:
that the debtor has failed to comply with his obligations under the IVA; or
that information which was false or misleading in any material particular or which contained material omissions:
was contained in any statement of affairs or other
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