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Section 219: Resignation and removal of administrator

Insolvency Act · PART III: WINDING UP AND ALTERNATIVES

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

219. Resignation and removal of administrator (1) An administrator may resign by giving written notice to the company and to his appointer. (2) An administrator may be removed— (a) by the Court, on the application of a creditor, the liquidator (if the company is in liquidation), the Registrar of Companies or the Director; (b) by a resolution of creditors passed at the first creditors’ meeting; or (c) by a resolution of creditors at a meeting convened to consider whether to remove a replacement administrator. (3) The creditors may not remove an administrator by a resolution passed at a creditors’ meeting unless— (a) the same resolution also appoints as administrator another person who is not disqualified; and (b) the person named in the resolution as the new administrator has, before the resolution is considered, tabled at the meeting— (i) a signed, written consent to act as administrator; and (ii) a statement of interest. I14 – 129 [Issue 3] Insolvency Act

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