Bankruptcy Inhibition/Order
When a bankruptcy petition is presented against a registered owner, the Bankruptcy Office should lodge a notice of petition for registration (Form 76). When, subsequently, a bankruptcy order is made, the Official Receiver or Trustee in Bankruptcy should lodge a notice in LR Form 78 (Precedent 10.A) in accordance with Rule 155. Production of the Land Certificate is not essential. Upon receipt of this notice the Registrar will enter a bankruptcy inhibition on the folio to protect the rights of creditors.
PRECEDENT 10.A
LR FORM 78 - NOTICE OF BANKRUPTCY ORDER
LAND REGISTRY
Folio:
County:
Registered Owner:
IN THE MATTER OF (insert title of matter)
To the Registrar of Titles:
A bankruptcy order was on .......... made by the High Court of Justice in Northern Ireland Chancery Division (Bankruptcy) (Record No ..........) against (insert name, address and description of the bankrupt) who is registered as owner (or one of the owners) of the land comprised in the above-mentioned folio.
Dated:
Signed:
Official Receiver/Trustee in Bankruptcy of (insert name of bankrupt)