Insolvency Act · s 214

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s 214

(1)

This section applies in the case of a company where —

(a)

the company enters judicial management;

Insolvency 172

(b)

the company goes into liquidation; or

(c)

a provisional liquidator is appointed, and “office holder” means the judicial manager, liquidator or provisional liquidator, as the case may be.

(2)

Subject as follows, a lien or other right to retain possession of any of the books, papers or other records of the company is unenforceable to the extent that its enforcement would deny possession of any books, papers or other records to the office holder.

(3)

This does not apply to a lien on documents which give a title to property and are held as such.

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