PART 3ADMINISTRATION

CHAPTER 2Appointment of administrator by Court

Order on an application under paragraph 37 or 38 of Schedule B13.12

Where the court makes an administration order in relation to a company on an application under paragraph 37 or 38 of Schedule B1, the court must also include in the order—

a

in the case of a liquidator appointed in a voluntary winding up, the removal of that liquidator from office;

b

provision for payment of the expenses of the winding up;

c

such provision as the court thinks just relating to—

i

any indemnity given to the liquidator,

ii

the release of the liquidator,

iii

the handling or realisation of any of the company’s assets in the hands of, or under the control of the liquidator, and

iv

other matters arising in connection with the winding up; and

d

such other provisions, if any, as the court thinks just.