Commentary

362 Petitions not involving winding up of partnership

BANKRUPTCY AND INSOLVENCY (INDIVIDUAL INSOLVENCY) vol 3(2)
| Commentary

362 Petitions not involving winding up of partnership

| Commentary

(7) PETITIONS WITHOUT WINDING UP OF PARTNERSHIP

362 Petitions not involving winding up of partnership

A creditor to whom an insolvent partnership is indebted is not precluded from presenting a petition under the Insolvency Act 1986 against one or more members of the partnership liable for that indebtedness without including the other or others and without presenting a petition for the winding up of the partnership as an unregistered company1. Nor are members of an insolvent partnership prohibited from presenting their own petitions for bankruptcy without, at the same time, presenting a petition to wind up the partnership or a petition

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