Valid from 15/09/2003
42(1)This paragraph applies to a company in administration.
(2)No resolution may be passed for the winding up of the company.
(3)No order may be made for the winding up of the company.
(4)Sub-paragraph (3) does not apply to an order made on a petition presented under—
(a)section 124A (public interest), or
(b)section 367 of the Financial Services and Markets Act 2000 (c. 8) (petition by Financial Services Authority).
(5)If a petition presented under a provision referred to in sub-paragraph (4) comes to the attention of the administrator, he shall apply to the court for directions under paragraph 63.