Lifting the Stay of Proceedings Imposed by a Receivership Order

Summary

This practice note sets out the process for lifting a stay of proceedings imposed by the court in order to commence or continue an action against a company placed in receivership. It identifies the requirements for service of the application for an order lifting the stay, the evidentiary burden for granting such order, and the court's role and powers in respect of the application. For more information on receiverships, see the: {Receiverships Resource Kit}.