200. Default in connection with voluntary arrangement.

The court may not make a bankruptcy order on a petition1 by the supervisor of, or a person bound by, a voluntary arrangement proposed and approved under Part 8 of the Insolvency Act 19862 unless it is satisfied:

  1.  

    (1)     that the debtor has failed to comply with his obligations under the voluntary arrangement3; or

  2.  

    (2)     that information which was false or misleading in any material particular or which contained material omissions was contained in any statement of affairs4 or other document supplied by the debtor, or was otherwise made available by the debtor to his creditors in connection with