Regulation 99
Dismissal of bankruptcy application
of Insolvency, Restructuring and Dissolution (Personal Insolvency) Rules 2020
Subsidiary LegislationIn forceProvision 99 of 189
Regulation 99
The Court must dismiss a creditor’s bankruptcy application where —
(a)
the applicant creditor is not entitled to make the bankruptcy application by virtue of section 310, 311 or 312 of the Act; or
(b)
in a case where the application is based on a statutory demand —
(i)
the applicant creditor has not discharged the obligations imposed on the applicant creditor by rule 66; or
(ii)
the statutory demand is such that the Court would have set it aside had the debtor made an application under rule 67.