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Commentary

100 When procedure available

BANKRUPTCY AND INSOLVENCY (CORPORATE INSOLVENCY) vol 3(3)
BANKRUPTCY AND INSOLVENCY (CORPORATE INSOLVENCY) vol 3(3) | Commentary

100 When procedure available

BANKRUPTCY AND INSOLVENCY (CORPORATE INSOLVENCY) vol 3(3) | Commentary

5: APPOINTMENT OF ADMINISTRATOR OUT OF COURT BY THE COMPANY (OR ITS DIRECTORS)

100 When procedure available

Where it is possible1 for the company (or its directors) to appoint an administrator, the company or its directors may appoint an administrator by giving a notice of appointment prescribed contents2 which is filed in court. The exceptional cases where appointment by the company is possible but appointment by notice is not available and, in consequence, an application to the court is required are as follows:

  1. 100.1

        Where the intended appointment is within the period of 12 months next after:

    1. 100.1.1

          a previous administration

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