SCHEDULE 1Amendments to the Insolvency Rules 1986
Amendments to Rule 4.34163
1
Rule 4.34 (statement of affairs) is amended as follows.
2
In paragraphs (2) and (3), for “7” substitute “5 business”.
3
After paragraph (4) add—
5
The liquidator may require any of the directors who has not submitted the statement of affairs to submit a statement of concurrence verified by a statement of truth, stating that that director concurs in the statement of affairs.
6
A statement of concurrence made under paragraph (5) may be qualified in respect of matters dealt with in the statement of affairs, where the maker of the statement of concurrence—
a
is not in agreement with the persons making the statement of affairs, or
b
considers the statement to be erroneous or misleading, or
c
is without the direct knowledge necessary for concurring in the statement.
7
Every statement of concurrence must be delivered to the liquidator by the person who makes it, together with a copy.