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Insolvency – Administration order. The Registrar of Companies sought to challenge a court order, granting the joint administrators' application to have specified information removed from a statement of proposals for achieving the purpose of the administration which they had filed with the Registrar. The Chancery Division held that the Registrar could give effect to the order by exercising his power to remove material from the register pursuant to s 1094(1) of the Companies Act 2006. On the true construction of r 2.33A of the Insolvency Rules, SI 1986/1925, the jurisdiction of the court to make an order limiting disclosure of the specified part of the statement, as otherwise required by para 49(4) of Sch B1 to the Insolvency Act 1986, was not exhausted the moment the statement had been sent by administrators of a company.
Insolvency – Administration order. The Registrar of Companies sought to challenge a court order, granting the joint administrators' application to have specified information removed from a statement of proposals for achieving the purpose of the administration which they had filed with the Registrar. The Chancery Division held that the Registrar could give effect to the order by exercising his power to remove material from the register pursuant to s 1094(1) of the Companies Act 2006. On the true construction of r 2.33A of the Insolvency Rules, SI 1986/1925, the jurisdiction of the court to make an order limiting disclosure of the specified part of the statement, as otherwise required by para 49(4) of Sch B1 to the Insolvency Act 1986, was not exhausted the moment the statement had been sent by administrators of a company.
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Westgate Wealth Management Ltd is a Partner Practice of FTSE 100 company St. James’s Place – one of the top UK Wealth Management firms. We offer a holistic service of distinct quality, integrity, and excellence with the aim to build a professional and valuable relationship with our clients, helping to provide them with security now, prosperity in the future and the highest standard of service in all of our dealings.
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