117. Application to Court by creditor

Past version: effective from 14/06/2015 - 13/06/2015
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(1) Where a creditor applies to the Court to end the administration a copy of the application shall be served on the administrator of the Company and the person who either made the application for the administration order or made the appointment. Where the appointment was made under Section 21 (Power to appoint), a copy of the application shall be served on the holder of the qualifying charge by virtue of which the appointment was made.
(2) Service shall be effected not less than five (5) business days before the date fixed for the hearing. The administrator of the Company, applicant or appointor, or holder of the qualifying charge by virtue of which the appointment was made may appear at the hearing of the application.
(3) Where the Court makes an order to end the administration, the Court shall send a copy of the order to the administrator of the Company.