Section 7: Implementation of proposal.

Insolvency Act 1986 · 1986 c. 45View on legislation.gov.uk

Part I: Company Voluntary Arrangements

This section applies where a voluntary arrangement has effect under section 4A.

If any of the company's creditors or any other person is dissatisfied by any act, omission or decision of the supervisor, he may apply to the court; and on the application the court may—

confirm, reverse or modify any act or decision of the supervisor,
give him directions, or
make such other order as it thinks fit.

The supervisor—

may apply to the court for directions in relation to any particular matter arising under the voluntary arrangement, and
is included among the persons who may apply to the court for the winding up of the company or for an administration order to be made in relation to it.

The power conferred by subsection (5) is exercisable so as to increase the number of persons exercising the functions of supervisor or, where there is more than one person exercising those functions, so as to replace one or more of those persons.

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Reuse reviewed 21 August 2026 under Open Government Licence v3.0.