The court may annul a bankruptcy order if it at any time appears to the court—
that, on any grounds existing at the time the order was made, the order ought not to have been made, or
that, to the extent required by the rules, the bankruptcy debts and the expenses of the bankruptcy have all, since the making of the order, been either paid or secured for to the satisfaction of the court.
The court may annul a bankruptcy order made against an individual on a petition under paragraph (a)... or (c) of section 264(1) or on a bankruptcy application if it at any time appears to the court, on an application by the Official Petitioner—
that the petition was pending or the application was ongoing at a time when a criminal bankruptcy order was made against the individual or was presented after such an order was so made, and
no appeal is pending (within the meaning of section 277) against the individual's conviction of any offence by virtue of which the criminal bankruptcy order was made;
and the court shall annul a bankruptcy order made on a petition under section 264(1)(d) if it at any time appears to the court that the criminal bankruptcy order on which the petition was based has been rescinded in consequence of an appeal.
The court may annul a bankruptcy order whether or not the bankrupt has been discharged from the bankruptcy.
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