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Insolvency Act 1986
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- 15/09/2003- Amendment
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Insolvency Act 1986, Paragraph 11 is up to date with all changes known to be in force on or before 04 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Conditions for making orderE+W+S
[F111The court may make an administration order in relation to a company only if satisfied—
(a)that the company is or is likely to become unable to pay its debts, and
(b)that the administration order is reasonably likely to achieve the purpose of administration.]
Textual Amendments
F1Sch. B1 inserted (15.9.2003) by 2002 c. 40, ss. 248(2), 279, Sch. 16 (with s. 249(1)-(3)(6)); S.I. 2003/2093, art. 2(1), Sch. 1 (subject to arts. 3-8 (as amended by S.I. 2003/2332, art. 2))
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