juris

Section 242: Charge unenforceable

Insolvency Act · PART III: WINDING UP AND ALTERNATIVES

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

242. Charge unenforceable Subject to Section E, during the administration of a company no person shall enforce a charge over the property of the company, except— (a) with the administrator’s written consent; or (b) with the permission of the Court.

Ask juris about this section Official source