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Section 266(3)

IA 1986
Insolvency Act 1986 · United Kingdom

The court has a general power, if it appears to it appropriate to do so on the grounds that there has been a contravention of the rules or for any other reason, to dismiss a bankruptcy petition or to stay proceedings on such a petition; and, where it stays proceedings on a petition, it may do so on such terms and conditions as it thinks fit.

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Source: legislation.gov.uk · retrieved 2026-09-04