Page 1183 - IOM Law Society Rules Book
P. 1183

PART 13: SPECIAL TYPES OF CLAIM

                          'the 2009 Act' means the Company Officers (Disqualification) Act 2009;
                          ‘disqualification application’ means an application for a disqualification order;

                          ‘disqualification order’ means an order referred to in section 1(1) of the 2009 Act;
                          ‘disqualification proceedings’ means proceedings on a disqualification application.
                          (3)    All  proceedings  under  this  Chapter  shall  be  allocated  to  the  chancery
                   procedure.
                          (4)    Where proceedings under this Chapter are begun by a claim form, the title of
                   the proceedings shall be —
                          (a)    in the case of disqualification proceedings, ‘Proceedings under the Company
                                 Officers  (Disqualification)  Act  2009'  followed  by  the  description  of  the
                                 parties in accordance with Schedule 3.1;
                          (b)    in any other case, ‘Proceedings under the Companies Act 1931 (or as the case
                                 may be) relating to [name of company]’.

                   13.57  Start of proceedings
                          (1)    Any application under the 1931 Act, the 1982 Act, the 1992 Act, the 2006
                   Act or the 2009 Act must be made —
                          (a)    in accordance with Chapter 2 of Part 7, where there are pending proceedings
                                 relating to the company in the court, and
                          (b)    otherwise, by the issue of a claim form.
                          (2)    Any application under Schedule 2 to the Insurance Act 1986 must be made
                   by the issue of a claim form.
                   13.58  Special procedure for certain applications

                          (1)    This rule applies to applications under the following provisions of the 1931
                   Act —
                          (a)    section 5 (cancellation of alteration of company’s objects);
                          (b)    section 46 (reduction of share premium account);
                          (c)    section 46A (reduction of capital redemption reserve);
                          (e)    section 57 (reduction of share capital);

                          (f)    section 62 (cancellation of variation etc. of rights attached to class of shares);
                          (g)    section 85 (rectification of register of charges);
                          (h)    section 101 (rectification of register);
                          (i)    section 152 (compromise or arrangement with creditors or members);
                          (j)    section 252 (disclaimer of onerous property);
                          (k)    section 272 (avoidance of dissolution);
                          (l)    section 273 (restoration of name of company to register);
                          (m)    section 303 (cancellation of alteration of form of constitution);
                          (n)    section 337 (relief from liability of officer or auditor).
                          (2)    This rule applies to applications under the following provisions of the 2006
                   Act —
                          (a)    section 51 (relief in respect of distribution when insolvent);
                          (b)    section 54 (order restraining purchase etc. of shares);
                          (c)    section 64 (rectification of register of members);
                          (d)    section 99 (relief from liability of director);




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