Payment into court in connection with cancellation
This section has no associated Explanatory Notes
11(1)This paragraph applies in relation to a company in respect of which a cancellation order or suspended cancellation order has been made if any of the following is appointed in relation to the company after the cancellation date—
(a)an administrator;
(b)an administrative receiver;
(c)a liquidator;
and that person is referred to in this paragraph as the “office-holder”.
(2)The office-holder may apply to the court for the sum paid into court under paragraph 9(1)(a) to be paid to the office-holder by way of a contribution to the company’s assets.
(3)Such an application may only be made during the period—
(a)beginning with the cancellation date, and
(b)ending with the day which is 3 years after that date.