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The Insolvency (England and Wales) Rules 2016

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Point in time view as at 31/12/2020.

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There are currently no known outstanding effects for the The Insolvency (England and Wales) Rules 2016, Section 3. Help about Changes to Legislation

Notice of appointmentE+W

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3.17.—(1) Notice of an appointment under paragraph 14 of Schedule B1 must be headed “Notice of appointment of an administrator by holder of a qualifying floating charge” and must contain—

(a)identification details for the proceedings;

(b)the name and address of the appointer;

(c)a statement that the appointer has appointed the person named as administrator of the company;

(d)the name and address of the person appointed as administrator;

(e)a statement that a copy of the administrator's consent to act accompanies the notice;

(f)a statement that the appointer is the holder of the qualifying floating charge in question and that it is now enforceable;

(g)details of the charge including the date of the charge, the date on which it was registered and the maximum amount if any secured by the charge;

(h)one of the following statements—

(i)that notice has been given in accordance with paragraph 15(1)(a) of Schedule B1 to the holder of every prior floating charge which satisfies paragraph 14(2) of that Schedule, that two business days have elapsed from the date the last such notice was given (if more than one) and—

(aa)that a copy of every such notice was filed with the court under paragraph 44(2) of Schedule B1, and the date of that filing (or the latest date of filing if more than one), or

(bb)that a copy of every such notice accompanies the notice of appointment but was not filed with the court under paragraph 44(2) of Schedule B1,

(ii)that the holder of every such floating charge to whom notice was given has consented in writing to the making of the appointment and that a copy of every consent accompanies the notice of appointment,

(iii)that the holder of every such floating charge has consented in writing to the making of the appointment without notice having been given to all and that a copy of every consent accompanies the notice of appointment, or

(iv)that there is no such floating charge;

(i)a statement whether the company is or is not subject to insolvency proceedings at the date of the notice, and details of the proceedings if it is;

(j)a statement whether the company is an Article 1.2 undertaking;

(k)a statement whether the proceedings flowing from the appointment will be [F1COMI proceedings, establishment proceedings or proceedings to which the EU Regulation as it has effect in the law of the United Kingdom does not apply] and the reasons for so stating; and

(l)a statement that the appointment is in accordance with Schedule B1.

(2) Where two or more administrators are appointed the notice must also specify (as required by paragraph 100(2) of Schedule B1)—

(a)which functions (if any) are to be exercised by those persons acting jointly; and

(b)which functions (if any) are to be exercised by any or all of those persons.

(3) The statutory declaration included in the notice in accordance with paragraph 18(2) of Schedule B1 must be made not more than five business days before the notice is filed with the court.

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