 However the court may allow an examiner to disclaim a lease in its totality,
 in which case the capitalised value of the lease will be recognised as an unsecured liability in the examinership.While there is a prohibition on enforcing guarantees given by third parties during the protection period, the guarantors' liability remains notwithstanding that the principal debt may be varied pursuant to a scheme of arrangement.However, to pursue its rights under the guarantee, the creditor has to go through a notice procedure with the guarantor prior to the meeting of creditors to consider the scheme of arrangement.