In force2022 Revised EditionCurrent version · 2022 Revised EditionSee versions on Attorney General's Chambers(opens the publisher’s site)
Insolvency Act · 2022 Revised Edition · Chapter VIII
Insolvency Act · 2022 Revised Edition · Chapter VIII
Official textFrom Attorney General's Chambers, unchanged
The Court may, on the application of a person who is, as against the liquidator, entitled to the benefit or subject to the burden of a contract made with the company, make an order rescinding the contract on such terms as to payment by or to either party of damages for the non-performance of the contract, or otherwise as the Court thinks just.
Court
“Court”, in relation to a company, means a court having jurisdiction to wind up the company;
Any damages payable under the order to such a person may be proved by him as a debt in the winding up.
company
“company” means a company incorporated or registered under the Companies Act;
Court
“Court”, in relation to a company, means a court having jurisdiction to wind up the company;
Part