Section 347 — Property Law Act 2007: Application for order under section 348

347 Application for order under section 348 (1) Only the following may apply for an order under section 348 : (a) a creditor who claims to be prejudiced by a disposition of property to which this subpart applies (whether the disposition was made before or after the debtor became indebted to the creditor): (b) the liquidator, if the debtor is a company in liquidation or an overseas company being liquidated under section 342 of the Companies Act 1993. (2) The application must specify the disposition claimed to be prejudicial, and the property or compensation sought through the application. (3) The application, together with a notice communicating the effect of sections 348 and 349 , must be served on— (a) the person in whose favour the disposition of property was made; and (b) any other person from whom property or compensation is sought through the application. Compare: 1952 No 51 s 60