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Failure to give reasons while seeking consent to extend an administration—a curable defect? (Re E Realisations 2020 Ltd (in administration))

Published on: 04 July 2022
Published by: LexisNexis
  • Failure to give reasons while seeking consent to extend an administration—a curable defect? (Re E Realisations 2020 Ltd (in administration))
  • What are the practical implications of this case?
  • What was the background?
  • What did the court decide?
  • Case details

Article summary

Restructuring & Insolvency analysis: The joint administrators of E Realisations 2020 Ltd (the company) made two applications. The first application sought a 12-month extension of the administrators’ appointment under paragraph 76(2)(a) of Schedule B1 to the Insolvency Act 1986 (IA 1986). The second application primarily sought a declaration that a previous extension agreed by consent had been valid and that any defects in compliance with the notice provisions in the Insolvency (England and Wales) Rules 2016 (IR 2016), SI 2016/1024, r 3.54(2), were remedied under IR 2016, SI 2016/1024, r 12.64. Both applications succeeded. Written by Nora Wannagat, barrister at 9 Stone Buildings. or take a trial to read the full analysis.

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