119 Application by creditor to set aside the administrationOn the application of a creditor of a company, the court may provide for the appointment of an administrator of the company to cease to have effect at a specified time1. Such an application must allege an improper motive on the part of the applicant for the order, or on the part of the person who appointed the administrator out of court2. This issue is most likely to arise immediately after an administrator has been appointed, although the power of a creditor to apply to set aside
On the application of a creditor of a company, the court may provide for the appointment of an administrator of the company to cease to have effect at a specified time1. Such an application must allege an improper motive on the part of the applicant for the order, or on the part of the person who appointed the administrator out of court2. This issue is most likely to arise immediately after an administrator has been appointed, although the power of a creditor to apply to set aside
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
0330 161 1234