SCHEDULES
F1C1C2C3SCHEDULE B1 ADMINISTRATION
Sch. B1 applied in part (with modifications) (5.10.2004) by Energy Act 2004 (c. 20), ss. 159(1), 198, Sch. 20 Pts. 1-3; S.I. 2004/2575, art. 2(1), Sch. 1
Sch. B1 applied (with modifications) (1.7. 2005) by S.I. 1994/2421, art. 6(1), Sch. 2 (as amended (1.7.2005) by S.I. 2005/1516, arts. 3, 7, Sch. 1 (with art. 2))
Sch. B1: specified provisions applied (with modifications) (1.10.2011) by Postal Services Act 2011 (c. 5), ss. 73, 93(2)(3), {Sch. 10 Pts. 1, 2}; S.I. 2011/2329, art. 3 (with arts. 4, 5)
ENDING ADMINISTRATION
81Court ending administration on application of creditor
1
On the application of a creditor of a company the court may provide for the appointment of an administrator of the company to cease to have effect at a specified time.
2
An application under this paragraph must allege an improper motive—
a
in the case of an administrator appointed by administration order, on the part of the applicant for the order, or
b
in any other case, on the part of the person who appointed the administrator.
3
On an application under this paragraph the court may—
a
adjourn the hearing conditionally or unconditionally;
b
dismiss the application;
c
make an interim order;
d
make any order it thinks appropriate (whether in addition to, in consequence of or instead of the order applied for).
Sch. 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))