PART 1: ADMINISTRATION
- Chapter 1 — Nature of Administration
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Chapter 2 — Appointment of Administrator by Court
- 6. Administration order
- 7. Conditions for making order
- 8. Administration application
- 9. Witness statement in support of administration application
- 10. Form of administration application
- 11. Content of administration application and witness statement
- 12. Filing of administration application
- 13. Service of administration application
- 14. Notice to officers charged with execution of writs or other process
- 15. Manner in which service to be effected
- 16. Proof of service
- 17. Administration application to appoint specified person as administrator by holder of qualifying charge
- 18. Powers of Court
- 19. The hearing
- 20. Notice of administration order
- Chapter 3 — Appointment of Administrator of a Company by Holder of Qualifying Charge
- Chapter 4 — Appointment of Administrator by Company or Directors
- Chapter 5 — Administration Application (special cases)
- Chapter 6 — Effect of Administration
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Chapter 7 — Process of Administration
- 48. Announcement of administrator's appointment
- 49. Notification and advertisement of administrator's appointment
- 50. Notice requiring Statement of Affairs
- 51. Statement of Company's affairs
- 52. Verification and filing
- 53. Limited disclosure
- 54. Release from duty to submit statement of Affairs; extension of time
- 55. Expense of Statement of Affairs
- 56. Administrator's proposals
- 57. Administrator's statement of proposals
- 58. Limited disclosure of statement of proposals
- 59. Creditors' meetings
- 60. Creditors' meetings generally
- 61. Requirement for initial creditors' meeting
- 62. Meeting requisitioned by creditors
- 63. Correspondence
- 64. Business and result of initial creditors' meeting
- 65. Revision of administrator's proposals
- 66. Contents of the administrator's revised proposals
- 67. Failure to obtain approval of administrator's proposals
- 68. Notice to creditors
- 69. Reports to creditors
- 70. Creditors' request for further information
- 71. Further creditors' meetings
- 72. Creditors' committee
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Chapter 8 — Deed of Company Arrangement
- 73. Effect of creditors' resolution
- 74. Execution of Deed of Company Arrangement
- 75. Creditor etc. not to act inconsistently with deed before its execution
- 76. Effect of Deed of Company Arrangement on creditors
- 77. Giving priority to preferential creditors
- 78. Protection of Company's property
- 79. Court may limit rights
- 80. Effect of Deed of Company Arrangement on Company, officers and members
- 81. Transfer of shares
- 82. Extent of release of Company's debts
- 83. Guarantees and indemnities
- 84. Variation of Deed of Company Arrangement by creditors
- 85. Court may cancel variation
- 86. When Deed of Company Arrangement terminates
- 87. When creditors may terminate Deed of Company Arrangement
- 88. When Court may terminate Deed of Company Arrangement
- 89. Creditors may terminate Deed of Company Arrangement and resolve that Company be wound up
- 90. Meeting of creditors to consider variation or termination
- 91. Notice of termination of Deed of Company Arrangement
- 92. When Court may void or validate Deed of Company Arrangement
- 93. Effect of termination or avoidance
- 94. Deed progress reports
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Chapter 9 — Functions of Administrator
- 95. General powers
- 96. Distribution
- 97. General duties
- 98. Administrator as agent of Company
- 99. Charged property: floating charge
- 100. Charged property
- 101. Hire-purchase property
- 102. Disposal of charged property
- 103. Protection for secured or preferential creditor
- 104. Debts of insolvent Company to rank equally
- 105. Challenge to administrator's conduct
- 106. Misfeasance
- 107. Expenses of the administration
- 108. Pre-administration costs
- 109. Fixing of an administrator's remuneration
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Chapter 10 — Ending Administration
- 110. Automatic end of administration
- 111. Final progress reports
- 112. Notice of automatic end of administration
- 113. Court ending administration on application of administrator
- 114. Application to Court by administrator
- 115. Termination of administration where objective achieved
- 116. Court ending administration on application of creditor
- 117. Application to Court by creditor
- 118. Application for extension of administration
- 119. Time of end of administration
- 120. Notification by administrator of Court order
- 121. Public interest winding-up
- 122. Moving to creditors' voluntary liquidation
- 123. Moving to creditors' voluntary liquidation
- 124. Moving from administration to dissolution
- 125. Moving from administration to dissolution
- 126. Discharge of administration order where administration ends
- 127. Notice to registrar where administration ends
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Chapter 11 — Replacing Administrator
- 128. Resignation of administrator
- 129. Grounds for resignation
- 130. Notice of intention to resign
- 131. Notice of resignation
- 132. Removal of administrator from office
- 133. Application to Court to remove administrator from office
- 134. Administrator ceasing to be licensed
- 135. Notice of vacation of office when administrator ceases to be licensed to act
- 136. Administrator deceased
- 137. Supplying vacancy in office of administrator
- 138. Application to replace
- 139. Notification and advertisement of replacement administrator
- 140. Substitution of administrator: competing qualifying charge-holder
- 141. Substitution of administrator appointed by Company or Directors: creditors' meeting
- 142. Vacation of office: discharge from liability
- 143. Vacation of office: charges and liabilities
- 144. Administrator's duties on vacating office
- Chapter 12 — General