67. Failure to obtain approval of administrator's proposals

(1) This Section applies where an administrator of a Company reports to the Court that —
(a) an initial creditors' meeting has failed to approve his proposals presented to it; or
(b) a creditors' meeting has failed to approve a revision of his proposals presented to it.
(2) The Court may —
(a) provide that the appointment of an administrator of a Company shall cease to have effect from a specified time;
(b) adjourn the hearing conditionally or unconditionally;
(c) make an interim order;
(d) make an order on a petition for winding-up suspended by virtue of Section 42(1)(b) (Dismissal of pending winding-up petition); and/or
(e) make any other order (including an order making consequential provision) that the Court thinks appropriate.