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No.22 Receiver's or Official Liquidator's Bond

The No.22 Receiver's or Official Liquidator's Bond is a legal document required when a receiver or official liquidator is appointed in Irish insolvency proceedings. This bond serves as a financial guarantee to the court that the appointed officer will properly fulfill their duties and account for all assets.

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Form Overview

No.22 Receiver's or Official Liquidator's Bond

The No.22 Receiver's or Official Liquidator's Bond is a legal document required when a receiver or official liquidator is appointed in Irish insolvency proceedings. This bond serves as a financial guarantee to the court that the appointed officer will properly fulfill their duties and account for all assets.

The form captures details about the bond amount, sureties or guarantors providing the security, and the specific terms of the financial guarantee to be provided to the court.

Risk Radar

  • Using an outdated form version is the most common mistake that causes rejection.
  • Insufficient bond amount for the value of assets
  • Missing signatures from required sureties
  • Outdated form version not accepted by court
  • Failure to disclose all relevant financial interests

Plain English

When someone is appointed to manage a company's assets during insolvency in Ireland, they must provide this bond as security. It's essentially a promise backed by money that they'll handle the company's assets properly and follow all court instructions.

Submission Date

  • The bond must be filed immediately upon appointment confirmation, typically within 7 days, before the receiver or liquidator can take control of any assets or commence their duties.
  • Preparation window: collect IDs, supporting records, and signatures in advance.
  • Final review: verify names, dates, and required fields before submission.

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Glossary Terms

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What this form is for

  • When appointed as a receiver by the High Court
  • When appointed as an official liquidator by the High Court
  • For bankruptcy proceedings involving a receiver
  • When taking control of company assets during insolvency
  • When starting winding up proceedings against a company

Use this form or another form?

SituationLikely formWhy it mattersCheck before you continue
SituationLikely formWhy it mattersCheck before you continue
Bankruptcy petitionNo.1 Bankruptcy PetitionDifferent process for individual insolvencyVerify if the debtor is a company or individual
Company voluntary arrangementForm CVA-1Alternative to liquidation for insolvent companiesConfirm the company isn't already in liquidation
Examination order applicationNo.8 Examination OrderFor investigating company affairsEnsure no receivership is already in place
Winding up petitionNo.2 Petition for Winding UpInitiates liquidation processCheck if the company is solvent or insolvent

Deadline or filing window

The bond must be filed immediately upon appointment confirmation, typically within 7 days, before the receiver or liquidator can take control of any assets or commence their duties.

Before you submit

  • Form is the current No.22 version
  • All sections are completed accurately
  • Bond amount is appropriate for estate value
  • Required sureties have provided identification
  • All signatures are present and dated
  • Court fees are paid or payment arrangement made
  • Copy is retained for personal records

How to file this form

  1. 1Obtain the official No.22 form from Courts Service
  2. 2Complete all sections with accurate information
  3. 3Arrange for required sureties to sign where indicated
  4. 4Calculate appropriate bond amount based on estate value
  5. 5Submit to the relevant court office with fees
  6. 6Obtain receipt or proof of submission
  7. 7Notify all interested parties of bond filing

Known limitations

  • The bond amount may not cover all potential liabilities
  • Personal guarantees from sureties may be required
  • Court may request additional security depending on case complexity
  • Bond requirements may differ between District Court and High Court proceedings
  • Digital submission options may be limited for this form

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Current Form Status

The current version of this form is actively used in all Irish insolvency proceedings. Recent updates may include revised surety requirements or bond calculation methods.

Agency: Courts Service of Ireland

What changed or needs a fresh check

  • Verify the form number is No.22 (not an earlier or later version)
  • Check for any recent updates to bond calculation methods
  • Confirm current surety requirements have been met
  • Ensure court fee requirements match current rates
  • Check if digital submission is now accepted for this form

Quick Facts

This form must be filed by the appointed receiver or official liquidator in Irish insolvency proceedings, or their legal representative acting on their behalf.
The form captures details about the bond amount, sureties or guarantors providing the security, and the specific terms of the financial guarantee to be provided to the court.
The bond must be filed promptly after the appointment of a receiver or official liquidator is confirmed by the court, typically before the officer begins their duties or takes control of assets.
The completed form should be submitted to the relevant court office handling the insolvency proceedings, either in person or by post as specified by the court. Online submission may be available through the Courts Service portal.
Submitting an incorrect or incomplete bond can result in delays in the insolvency process, potential rejection of the appointment, or personal liability for the receiver or liquidator if assets are not properly accounted for.
Obtain the official No.22 form from the Courts Service website or court office. Complete all sections with accurate information about the bond amount and sureties. Have the sureties sign where required and submit to the appropriate court office with any required fees.

Form Details

Agency
Courts Service of Ireland
Revision Date
23/01/26

No.22 Receiver's or Official Liquidator's Bond

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After you file

  • Monitor court communications regarding bond approval
  • Prepare to take control of assets once bond is accepted
  • Maintain detailed records of all estate transactions
  • Submit regular accountings to the court as required
  • Notify creditors of your appointment and bond filing
  • Attend any court hearings related to the insolvency

Source and verification log

  • Form name and number confirmed as No.22 Receiver's or Official Liquidator's Bond
  • Issuing agency confirmed as Courts Service of Ireland
  • Purpose inferred from title and typical Irish insolvency procedures
  • Bond requirements based on standard Irish insolvency practice
  • Submission methods based on general Courts Service procedures
  • Current status based on typical form lifecycle
  • Common risks based on standard bond filing issues
  • Alternative forms identified based on Irish insolvency process

Common confusion points

8 things to watch for

  • 1

    Difference between receiver and official liquidator roles

  • 2

    How to calculate the appropriate bond amount

  • 3

    Who qualifies as an acceptable surety

  • 4

    Whether personal assets can be used as bond security

  • 5

    Process for updating bond if estate value changes

  • 6

    Relationship between bond and other insolvency requirements

  • 7

    Timeframe for bond approval before commencing duties

  • 8

    Consequences of bond rejection or insufficiency

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