The Building Society Insolvency Rules (Northern Ireland) 2014

CHAPTER 9 GENERAL

Principal court Rules and practice to apply

220.  The Rules of the Court of Judicature (Northern Ireland) 1980(1) and the practice and procedure of the High Court (including any practice direction) apply to building society insolvency proceedings in the High Court, with any necessary modifications, except so far as is inconsistent with these Rules.

Right of attendance

221.—(1) Apply rule 7.47 of the 1991 Rules.

(2) For “company” substitute “building society”.

Restriction on concurrent proceedings and remedies

222.  Where in a building society insolvency, the court makes an order staying any action, execution or legal process against the property of the society, service of the order may be effected by delivering a sealed copy to the address for service of the plaintiff or other person having the carriage of the proceedings to be stayed.

Security in court

223.  Apply rule 7.53 of the 1991 Rules.

Payment into court

224.  Order 22 of the Rules of the Court of Judicature (Northern Ireland) 1980 applies.

Discovery

225.—(1) Apply rule 7.54 of the 1991 Rules.

(2) After paragraph (2) insert—

“(3) Before the passing of a full payment resolution the court shall only grant an order on an application under paragraph (1) if satisfied that granting the order is unlikely to prejudice the achievement of Objective 1.”.

Office copies of documents

226.  Apply rule 7.55 of the 1991 Rules.

(1)

S.R. 1980 No. 346, as amended by the Constitutional Reform Act 2005 (c.4), section 59 and Schedule 11.