The Insolvency (England and Wales) Rules 2016

[F1Notice where the court grants permission under section A31 or A32E+W

This section has no associated Explanatory Memorandum

1A.32.(1) This rule applies where the court grants permission on an application in respect of—

(a)the disposal of charged property by a company free from charge under section A31, or

(b)the disposal of hire-purchase property by a company under section A32.

(2) Where this rule applies the court must deliver two sealed copies of the order to the company as soon as reasonably practicable after the order is made.

(3) As soon as reasonably practicable after receiving copies of the order under paragraph (2) the company must deliver one copy to the holder of the security or the owner of the hire-purchase goods (as the case may be).]