Part II APPOINTMENTMENT AND REGULATION OF UNDERTAKERS
CHAPTER II ENFORCEMENT OF INSOLVENCY
Special administration orders
C125 Power to make special administration order on winding-up petition.
On an application made to any court for the winding up of a company which holds an appointment under Chapter I of this Part F1or is a qualifying licensed water supplier—
a
the court shall not make a winding-up order in relation to the company; but
b
if the court is satisfied that it would be appropriate to make such an order if the company were not a company holding such an appointment F2or a qualifying licensed water supplier , it shall, instead, make a special administration order in relation to the company.