§ Lord Hoyleasked Her Majesty's Government:
What assessment has been made of the impact of the decision in the case of Ralzaq v. Pala on plans to establish a rescue culture for companies. [HL2794]
§ Lord Sainsbury of TurvilleThe decision in that case is a matter for some concern and I therefore propose to undertake an urgent consultation on the issues raised by that decision against the possibility of their being addressed in the context of the current proposed legislation on insolvency.
A consultation paper has been issued asking whether or not landlords should continue to be able to effect peaceable re-entry (without the leave of the court) while a company or an individual is the subject 193WA of a statutory moratorium in the context of an insolvency procedure. Copies of that document have been placed in the Libraries of the House.