178 Power to disclaim onerous property
Insolvency Act 1986 (1986 c 45) | Legislation

Disclaimer (England and Wales only)

178  Power to disclaim onerous property

(1)     This and the next two sections apply to a company that is being wound up in England and Wales.

(2)     Subject as follows, the liquidator may, by the giving of the prescribed notice, disclaim any onerous property and may do so notwithstanding that he has taken possession of it, endeavoured to sell it, or otherwise exercised rights of ownership in relation to it.

(3)     The following

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