Re Spaces London Bridge Ltd

Company – Administration. The applicant joint administrators' application for a declaration that they had been validly appointed succeeded, in a case concerning the administration of a company formed to develop property in London. The Chancery Division held that, among other things, r 3.24 of the Insolvency Rules 2016, envisaged two separate stages in appointment, namely: (i) an act by the company or directors; and (ii) a filing of a notice, which was conceptually separate. The appointment only became effective when the administrators took office, which they could only do once the notice had been filed with the court.

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