| Commentary

88 Effect of making the application

| Commentary

88 Effect of making the application

Provided that there is no administrative receiver when the application is made, during the period beginning with the making of the administration application1, and ending with an administration order coming into effect, or an order dismissing the application2:

  1. 88.1

        No resolution or order for the winding up of the company may be passed or made3;

  2. 88.2

        No steps may be taken to enforce any security over the company’s property, or to repossess goods in the company’s possession under any hire-purchase agreement, except with the permission of the court; and

  3. 88.3

        No legal process (including

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