r 26.07
In forceWithdrawal of acceptance
Part 2Offers of compromise
26.07 Withdrawal of acceptance
(1)
A party who has accepted an offer for the payment to that party of a sum of money may withdraw the acceptance if—
(a)
the sum of money is not paid—
(i)
within the time provided by the offer; or
(ii)
if no time is specified by the offer, within 30 days after acceptance of the offer; and
(b)
the Court, on the application of the party who accepted the offer, gives leave.
(2)
A party seeking the leave of the Court under paragraph (1)(b) may also seek orders—
(a)
to restore the parties as nearly as practicable to each party's position in the proceeding at the time of acceptance; and
(b)
as to the further conduct of the proceeding.
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