The Insolvency (England and Wales) Rules 2016—Part 1: Interpretation [Archived]
Produced in partnership with Ali Tabari of St Philips Chambers
The Insolvency (England and Wales) Rules 2016—Part 1: Interpretation [Archived]

The following Restructuring & Insolvency guidance note Produced in partnership with Ali Tabari of St Philips Chambers provides comprehensive and up to date legal information covering:

  • The Insolvency (England and Wales) Rules 2016—Part 1: Interpretation [Archived]
  • Documents generally
  • Information required to be provided to identify bankrupts/insolvent companies
  • Changes to notices (Gazette and otherwise)
  • Delivery of documents to Companies House and notices generally
  • Applications to court
  • Delivery of documents
  • Opting out
  • Inspection of documents

This Practice Note has been archived and is not maintained.

The IR 2016, SI 2016/1024 were laid before Parliament on 25 October 2016 and are in force from 6 April 2017. They are intended to consolidate the Insolvency Rules 1986 (IR 1986), SI 1986/1925 and all statutory instruments amending the IR 1986, SI 1986/1925 (which are all repealed), modernise and simplify the language used, and incorporate changes made in the law.

The IR 2016, SI 2016/1024 are accompanied by an Explanatory Memorandum (prepared by the Department for Business, Energy & Industrial Strategy in conjunction with the Insolvency Service) which, although not forming part of the IR 2016, SI 2016/1024 (and not approved by Parliament), may assist in understanding the IR 2016, SI 2016/1024.

Being the single largest change to insolvency law in a generation, we have produced a series of Practice Notes describing most of the individual Parts of the IR 2016, SI 2016/1024 summarising what changes there are, and also where there are no changes other than new rule numbers.

This Practice Note is concerned with IR 2016, SI 2016/1024, Part 1 in relation to interpretation and which largely replaces IR 1986, SI 1986/1925, Part 1.

For further reading on the IR 2016, SI 2016/1024, see: The Insolvency (England and Wales) Rules 2016—overview and Practice Note: A summary of the key changes in the Insolvency