The proof of any bankruptcy debt by a secured or unsecured creditor of the bankrupt and the admission or rejection of any proof must take place in accordance with the Insolvency (England and Wales) Rules 20161. A bankruptcy debt, in relation to a bankrupt, means any of the following:
(1) any debt or liability2 to which he is subject at the commencement of the bankruptcy3;
(2) any debt or liability to which he may become subject after the commencement of the bankruptcy, including after his discharge from bankruptcy4, by reason of any obligation incurred5 before the commencement of the
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This Practice Note considers proprietary estoppel from a generic standpoint.For industry specific guidance on proprietary estoppel, see Practice Notes:•Estoppel and property law•Mortgages by estoppelProprietary estoppel—what is it?Unlike the other forms of estoppel (see Practice Note: Estoppel—what,
A certificate of title (also known as a certificate on title) is a particular species of report on title.When solicitors are instructed to investigate title to land (for instance, when land is being acquired or offered up as security), they will write a report on title for their client, which sets
For guidance on the basic features of the doctrine of estoppel and the different classifications it has been subject to, see Practice Note: Estoppel—what, when and how to plead and related content.Promissory estoppel—what is it?Where A has, by words or conduct, made to B a clear and unequivocal
This Practice Note examines:•why negative pledge clauses are used in commercial transactions •the consequences of breaching negative pledge provisions•how negative pledges are viewed in the context of security and quasi-security, and•key considerations when drafting a negative pledge clauseWhere
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