A specify which of the powers under this schedule are to be exercisable by the administrator, and. An order under this article may include transitional or incidental provision. ". Prescribed" means prescribed by order by the department. B where the court thinks that disposal of the property would be likely to promote the purpose of administration in respect of the company. A make the administration order sought. An order by virtue of paragraph 5 d may provide for a discretion to be subject to.

Where an administrator's term of office is extended by consent he shall as soon as is reasonably practicable. Schedule 3 schedule 1a to the 1989 order. A the administration is pursuant to an administration order, and. The provisions of paragraphs 43 and 44 shall apply ignoring any reference to the consent of the administrator.

B an administrator's term of office may be extended for a specified period not exceeding 6 months by consent. An order under paragraph 2 prescribing part of a company's net property may, in particular, provide for its calculation. B a company "enters administration" when the appointment of an administrator takes effect.

The following shall be inserted after article 358 of the 1989 order insolvency account. Failure to obtain approval of administrator's proposals. The high court may on the application of the administrator of a company disapply sub- paragraph 1 in respect of the company. An order under this paragraph is subject to the condition that there be applied towards discharging the sums payable under the hire- purchase agreement. Where an administrative receiver or receiver vacates office under sub- paragraph 1 or 2. Replacement of part iii of the 1989 order 4.

B on an administration application made by the company or its directors. An order under paragraph 2 shall be subject to affirmative resolution. This article is without prejudice to any power of the high court to annul a bankruptcy order. D the court shall specify which of the powers under this schedule are to be exercisable by the administrator, and. B that in his opinion the purpose of administration is reasonably likely to be achieved, and.

A creditor or member of a company in administration may apply to the high court claiming that. A an initial creditors' meeting has failed to approve the administrator's proposals presented to it, or. A for the general purposes, or any particular purpose, of this order; or. If the high court makes an administration order on hearing an application made by virtue of sub- paragraph 1. D the court shall specify which of the powers under this schedule are to be exercisable by the administrator, and. Prohibition on appointment of administrative receiver. If the high court makes an administration order on hearing an application made by virtue of sub- paragraph 2.

B the period of 5 business days beginning with the date of filing expires without an administrator having been appointed. A print version is also available and is published by the stationery office limited as the the insolvency northern ireland order 2005 , isbn 0110491181. Lloydstsb mortgages. The administrator of a company shall on his appointment take custody or control of all the property to which he thinks the company is entitled. A in the case of an administrator appointed by administration order, to the high court. The administrator of a company. An administration application may not be withdrawn without the permission of the court.

An order under paragraph 1 or 2. D in the case of an administrator appointed under paragraph 23 2 , by notice in writing to the directors of the company. The appointment of an administrator under paragraph 23 takes effect when the requirements of paragraph 30 are satisfied. An order under this article. Administrator" has the meaning given by paragraph 2 and, where the context requires, includes a reference to a former administrator. An order may be made on a claim under sub- paragraph 1 whether or not the action complained of.