Statutory Instrument 1994 No. 2421

      The Insolvent Partnerships Order 1994


      © Crown Copyright 1994

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STATUTORY INSTRUMENTS

1994 No. 2421

INSOLVENCY

The Insolvent Partnerships Order 1994

Made 13th September 1994
Laid before Parliament 16th September 1994
Coming into force 1st December 1994


ARRANGEMENT OF ARTICLES

PART I
GENERAL
1.  Citation, commencement and extent
2.  Interpretation: definitions
3.  Interpretation: expressions appropriate to companies
PART II
VOLUNTARY ARRANGEMENTS
4.  Voluntary arrangement of insolvent partnership
;5.  Voluntary arrangements of members of insolvent partnership
PART III
ADMINISTRATION ORDERS
6.  Administration order in relation to insolvent partnership
PART IV
CREDITORS' ETC. WINDING-UP PETITIONS
7.  Winding up of insolvent partnership as unregistered company on petition of creditor etc. where no concurrent petition presented against member
8.  Winding up of insolvent partnership as unregistered company on creditor's petition where concurrent petitions presented against one or more members
PART V
MEMBERS' PETITIONS
9.  Winding up of insolvent partnership as unregistered company on member's petition where no concurrent petition presented against member
10.  Winding up of insolvent partnership as unregistered company on member's petition where concurrent petitions presented against all members
11.  Insolvency proceedings not involving winding up of insolvent partnership as unregistered company where individual members present joint bankruptcy petition
PART VI
PROVISIONS APPLYING IN INSOLVENCY PROCEEDINGS IN RELATION TO INSOLVENT PARTNERSHIPS
12.  Winding up of unregistered company which is member of insolvent partnership being wound up by virtue of this Order
13.  Deposit on petitions
14.  Supplemental powers of court
15.  Meaning of "act as insolvency practitioner"
PART VII
DISQUALIFICATION
16.  Application of Company Directors Disqualification Act 1986
PART VIII
MISCELLANEOUS
17.  Forms
18.  Application of subordinate legislation
19.  Supplemental and transitional provisions
20.  Revocation

SCHEDULES

  Schedule 1—  Modified provisions of Part I of the Act (company voluntary arrangements) as applied by article 4

  Schedule 2—  Modified provisions of Part II of the Act (administration orders) as applied by article 6

  Schedule 3—  Provisions of the Act which apply with modifications for the purposes of article 7 to winding up of insolvent partnership on petition of creditor etc. where no concurrent petition presented against member
  Part I— Modified provisions of Part V of the Act
  Part II— Other modified provisions of the Act about winding up by the court

  Schedule 4—  Provisions of the Act which apply with modifications for the purposes of article 8 to winding up of insolvent partnership on creditor's petition where concurrent petitions are presented against one or more members
  Part I— Modified provisions of Part V of the Act
  Part II— Other modified provisions of the Act about winding up by the court and bankruptcy of individuals

  Schedule 5—  Provisions of the Act which apply with modifications for the purposes of article 9 to winding up of insolvent partnership on member's petition where no concurrent petition presented against member

  Schedule 6—  Provisions of the Act which apply with modifications for the purposes of article 10 to winding up of insolvent partnership on member's petition where concurrent petitions are presented against all the members

  Schedule 7—  Provisions of the Act which apply with modifications for the purposes of article 11 where joint bankruptcy petition presented by individual members without winding up partnership as unregistered company

  Schedule 8—  Modified provisions of Company Directors Disqualification Act 1986 for the purposes of article 16

  Schedule 9—  Forms

  Schedule 10—  Subordinate legislation applied

 

Explanatory Note


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