§ Mr. Byers
To ask the President of the Board of Trade what has been the outcome of the application under section 279(3) of the Insolvency Act 1986 in the case of Mr. Asil Nadir, made by the official receiver.
§ Mr. Neil Hamilton
The official receiver's application under section 279(3) of the Insolvency Act 1986 was heard on 1 July 1994. The court ordered that Mr. Nadir's bankruptcy should not be discharged until he complies with the following conditionsthat he disclose and deliver to the trustee of his estate all property and documents possessed or controlled by him;that he provide the trustees with a full account of his business dealings, and all property and income to which he has become entitled since being made bankrupt;that he do all that is reasonably required of him by the trustee to assist them in realising and getting in property belonging to him, whether it be in and out of this jurisdiction; andthat he fully comply with a number of orders made by the court which as at 1 July he had failed to do.
The order is subject to appeal.