The Insolvency (Scotland) (Company Voluntary Arrangements and Administration) Rules 2018

Conversion into winding up proceedings: court order

This section has no associated Explanatory Memorandum

7.3.—(1) On hearing an application for conversion of winding up proceedings under rule 7.2, the court may, subject to Article 51 of the EU Regulation, make such order as it thinks just.

(2) An order under paragraph (1) may contain such consequential provision as the court thinks just.

(3) An order for conversion of a CVA or an administration into winding up proceedings of another kind may provide that the company be wound up as if a resolution for voluntary winding up under section 84 were passed on the day on which the order is made.