The Insolvency (England and Wales) Rules 2016—Part 14: Claims by and distributions to creditors in administration, winding-up and bankruptcy [Archived]
Produced in partnership with Madeleine Jones of South Square

The following Restructuring & Insolvency practice note produced in partnership with Madeleine Jones of South Square provides comprehensive and up to date legal information covering:

  • The Insolvency (England and Wales) Rules 2016—Part 14: Claims by and distributions to creditors in administration, winding-up and bankruptcy [Archived]
  • The Insolvency Rules 2016—coming into force and changes
  • The aim of IR 2016
  • Claims by and distributions to creditors in administration, winding-up and bankruptcy—Part 14
  • Application and interpretation—Chapter 1
  • The relevant date
  • Debts
  • Provable debts
  • Small debts
  • The other definitions
  • More...

The Insolvency (England and Wales) Rules 2016—Part 14: Claims by and distributions to creditors in administration, winding-up and bankruptcy [Archived]

ARCHIVED: This Practice Note has been archived and is not maintained.

The Insolvency Rules 2016—coming into force and changes

The Insolvency (England and Wales) Rules 2016, SI 2016/1024 (IR 2016) came into force on 6 April 2017. The IR 2016 replace the Insolvency Rules 1986, SI 1986/1925 (IR 1986), as amended.

The aim of IR 2016

The 1986 Rules have been through 28 amendments, and had been in force for a little over thirty years. The new rules consolidate the existing rules and amendments, restructure the rules and update their language to reflect gender neutral drafting practice, and modernise the rules to take account of amendments to the Insolvency Act 1986 (IA 1986) by the Deregulation Act 2015 (DA 2015) and the Small Business, Enterprise and Employment Act 2015 (SBEEA 2015), particularly amendments enabling paper communications and physical meetings to be replaced by modern methods of communication.

One interesting feature of the new rules is the insertion of 'notes' in square brackets into the text of the rules. These notes mainly give guidance as to the relationship of particular rules with sections in the IA 1986. The Explanatory Memorandum acknowledges that this practice is unusual in a statutory instrument, but states that it was something that members of the

Related documents:

Popular documents