SCHEDULES

SCHEDULE 6Insolvency and company law

PART 2Administration of companies

Appointment of administrators

5

After paragraph 25 (circumstances in which an administrator of a company may not be appointed under paragraph 22) and before the italic cross-heading following paragraph 25 insert—

“25A

(1)

Paragraph 25(a) does not prevent the appointment of an administrator of a company if the petition for the winding up of the company was presented after the person proposing to make the appointment filed the notice of intention to appoint with the court under paragraph 27.

(2)

But sub-paragraph (1) does not apply if the petition was presented under a provision mentioned in paragraph 42(4).”