Part XXIV Insolvency

Supplemental provisions concerning insurers

F1377EPowers of the court

On an application for a write-down order, the court may—

(a)

if, on hearing the application, it is satisfied of the matters in section 377A(2), make a write-down order in the terms sought, or in such other terms as the court thinks appropriate;

(b)

dismiss the application;

(c)

adjourn the hearing conditionally or unconditionally;

(d)

make any other order which the court thinks appropriate.