Insolvency Act

67. Bankruptcy trustee may assign right to sue under this Act

Edition: 2022-12-31 · In force

(1)A bankruptcy trustee may, if the Court has first approved it, assign a right to sue that is conferred on the bankruptcy trustee by this Act.

(2)An application for such an approval may—

(a)be made only by the bankruptcy trustee or the person to whom it is proposed to assign the right to sue; and

(b)be opposed only by a person who is a defendant to the bankruptcy trustee's action, if already begun, or a proposed defendant.