| Commentary

341 Distribution to creditors

| Commentary

341 Distribution to creditors

The administrator may make a distribution to creditors of the partnership1. The Insolvency Act 1986 Section 175 applies in relation to such a distribution as it applies in relation to a winding up2. A payment may not be made by way of distribution to a creditor of the partnership who is neither secured nor preferential unless the court gives permission3. Part 14 of the Insolvency (England and Wales) Rules 2016 contains a common code relating to distributions in administrations, winding up of companies and in bankruptcy4.. It will

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