Moving from administration to dissolutionE+W+S
[84(1)If the administrator of a company thinks that the company has no property which might permit a distribution to its creditors, he shall send a notice to that effect to the registrar of companies.
(1A). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(1B). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2)The court may on the application of the administrator of a company disapply sub-paragraph (1) in respect of the company.
(3)On receipt of a notice under sub-paragraph (1) ... the registrar shall register it ....
(4)On the registration of a notice in respect of a company under sub-paragraph (1) the appointment of an administrator of the company shall cease to have effect.
(5)If an administrator sends a notice under sub-paragraph (1) he shall as soon as is reasonably practicable—
(a)file a copy of the notice with the court, and
(b)send a copy of the notice to each creditor [, other than an opted-out creditor,] of whose claim and address he is aware.
(6)At the end of the period of three months beginning with the date of registration of a notice in respect of a company under sub-paragraph (1) the company is deemed to be dissolved ....
(6A). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(6B). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(7)On an application in respect of a company by the administrator or another interested person the court may—
(a)extend the period specified in sub-paragraph (6) ...,
(b)suspend that period, or
(c)disapply sub-paragraph (6) ....
(8)Where an order is made under sub-paragraph (7) in respect of a company the administrator shall as soon as is reasonably practicable notify the registrar of companies.
(9)An administrator commits an offence if he fails without reasonable excuse to comply with sub-paragraph (5).]
Textual Amendments
Modifications etc. (not altering text)