Section 389
No action for dividend
of Insolvency, Restructuring and Dissolution Act 2018
ActIn forceProvision 429 of 570
Section 389
(1)
No action for a dividend lies against the Official Assignee.
(2)
If the Official Assignee refuses to pay any dividend, the Court may, if it thinks fit, order the Official Assignee to pay the dividend, and also to pay out of the Consolidated Fund interest on the dividend for the period that it is withheld and the costs of the application to the Court.