Page 1125 - IOM Law Society Rules Book
P. 1125

PART 12: ENFORCEMENT

                                 (i)     the  land  to  be  arrested  (stating  whether  or  not  it  is  or  includes
                                         residential premises);
                                 (ii)    all occupiers of the land, so far as known to the judgment creditor or
                                         the coroner;

                                 (iii)   any  charges  secured  on  the  land, so  far  as  known  to  the judgment
                                         creditor or the coroner;
                                 (iv)    the  amount  of  the  judgment  remaining  unsatisfied  (including  costs
                                         and interest, if any); and
                                 (v)     the estimated value of the land; and
                          (b)    be served on all adult persons who were in occupation of the premises at the
                                 date when the application is filed, not less than 7 days before the date fixed
                                 for the hearing of the application.
                          (3)    Any  person  on  whom  notice  of  the  application  is  served  under  paragraph
                   (2)(b) may appear and be heard at the hearing of the application.

                   12.14  Power to stay enforcement (RSC 47.1)
                          (1)    This rule applies to a judgment or order for the payment of money.
                          (2)    Where the court is satisfied, on an application made by the judgment debtor
                   at the time of the judgment or order, or at any time afterwards, —

                          (a)    that there are special circumstances which render it inexpedient to enforce the
                                 judgment or order; or
                          (b)    that the judgment debtor is unable for any reason to pay the money,
                   the court may by order stay the enforcement of the judgment or order either absolutely or for
                   such period and subject to such conditions as the court thinks fit.
                          (3)    An application under this rule may be made even though the judgment debtor
                   did not —

                          (a)    acknowledge service of the claim form,
                          (b)    serve a defence, or
                          (c)    take any previous part in the proceedings.
                          (4)    The  grounds  on  which  the  application  is  made  must  be  set  out  in  the
                   application notice and verified by a statement of truth.
                          (5)    Where  the  application  is  made  on  the  ground  that  the  judgment  debtor  is
                   unable to pay, the application notice must set out —
                          (a)    his income,
                          (b)    the nature and value of any property of his, and
                          (c)    the amount of any other liabilities of his.
                          (6)    An order staying enforcement under this rule may be varied or discharged by
                   a subsequent order.

                   CHAPTER 3:        APPOINTMENT OF RECEIVER

                   12.15  Scope of this Chapter (69.1)
                          (1)    This Chapter contains provisions about the court's power to appoint a receiver
                   under any statutory provision except Part 1 of the Proceeds of Crime Act 2008.
                          (2)    In this Chapter ‘receiver’ includes a manager.








                                                                                            Page  12-5
   1120   1121   1122   1123   1124   1125   1126   1127   1128   1129   1130