95 Bars on appointment of an administrator by the holder of a qualifying floating chargeAn administrator of a company may not be appointed under the Insolvency Act 1986 Schedule B1 paragraph 14 if1:95.1 A provisional liquidator of the company has been appointed under Section 135 of the Act;95.2 An administrative receiver of the company is in office;95.3 there is already an administrator in office2; or95.4 Where the company is in liquidation, whether voluntary or compulsory3.By contrast with the position on an out-of-court appointment by the company or its
An administrator of a company may not be appointed under the Insolvency Act 1986 Schedule B1 paragraph 14 if1:
A provisional liquidator of the company has been appointed under Section 135 of the Act;
An administrative receiver of the company is in office;
there is already an administrator in office2; or
Where the company is in liquidation, whether voluntary or compulsory3.
By contrast with the position on an out-of-court appointment by the company or its
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