SECRETARY OF STATE SANCTION APPLICATION
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- 7/10/2012
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SECRETARY OF STATE SANCTION APPLICATION
Authority to continue to trade and use a local bank account
Please ensure that the relevant information is included on the form. Non-
inclusion of such information will result in delays to the processing of this
application.
Please see Chapter 15, Paragraph 3 of Dear IP for guidance on local bank
accounts; an electronic version can be found on our website at
www.insolvency.gov.uk.
Any queries should be referred in the first instance to the Sanctions Team Leader
on 0121 698 4094.
Sanction requests should NOT be made retrospectively except in an emergency,
in which case, no undue delay should occur in applying. (Section 314 (4) and
Rule 4.184 (2))
Please save this form and then email it to: IPU.Sanctions@insolvency.gsi.gov.uk
NAME OF ESTATE:
COURT REFERENCE:
DATE OF ORDER:
IP Name
Contact Name
Contact Number
Contact E-mail Address
Date of Application
1. Balance on the estate, together
with any expected realisations.
2. Estimated benefit to the estate by
continuing to trade
3. Period for which you require
sanction to trade
4. Reason for the continuance of
trade
5. Name, type and trading address of
the business
6. Name and address of the bank
you propose to use.
7. Maximum balance to be held on
the account
8. Maximum single withdrawal from
the account
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