MIR 6.5.8

A negative direction cannot be given if, in relation to the defaulter, either:

(a) a bankruptcy order or an award of sequestration of the defaulter's estate has been made, or an interim receiver or interim trustee has been appointed; or
(b) a winding‐up order has been made, a resolution for voluntary winding‐up has been passed or an administrator, administrative receiver or provisional liquidator has been appointed,

and any previous negative direction will cease to have effect on the making or passing of any such order, award or appointment.