SCHEDULE 1Amendments to the Insolvency Rules 1986

New Rule after Rule 4.18151

After Rule 4.18 insert—

4.18AAdjournment

1

If the court adjourns the hearing of the petition, the following applies.

2

Unless the court otherwise directs, the petitioning creditor must forthwith send—

a

to the company, and

b

where any creditor has given notice under Rule 4.16 but was not present at the hearing, to that creditor,

notice of the making of the order of adjournment. The notice must state the venue for the adjourned hearing.