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Section 280: Order to protect creditor during administration

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.

280. Order to protect creditor during administration (1) On the application of the Registrar of Companies or the Director, the Court may make any order that it thinks necessary to protect the interests of the company’s creditors while the company is in administration. (2) On the application of a creditor of a company, the Court may make any order that it thinks necessary to protect the interests of that creditor while the company is in administration. (3) An order may be made subject to conditions.

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