πŸ“ Administration extension application

About this category

An administration extension application is a legal document that allows a business to extend the time frame in which they have to file certain administrative documents. This extension is typically granted by a government agency or court. The purpose of an administration extension application is to give the business more time to complete the required paperwork so that they can avoid penalties.

πŸ“ Administration extension application

templates

Application to Extend the Term of Administration for a Company

This is an application notice to extend the term of a company's administration, in accordance with paragraph 76(2)(a) of Schedule B1 to the Insolvency Act 1986. This notice complies with rule 1.35 of the Insolvency (England and Wales) Rules 2016.

What to watch out for

  • The application notice should comply with rule 1.35 of the Insolvency (England and Wales) Rules 2016
  • The notice should be for an order of the court extending the term of the administration of a company under paragraph 76(2)(a) of Schedule B1 to the Insolvency Act 1986
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    Associated business activities

    Extend company administration

    1. Administration extensions are often used when a company is facing financial difficulties and is seeking to avoid insolvency. 2. Administration extensions can also be used to allow a company more time to restructure its affairs and come up with a plan to repay its creditors. 3. Finally, administration extensions may be sought in order to give a company more time to sell off assets or raise new capital.

    Legal firms who might be able to help

    Note: Although we list lawyers as well as legal firms who may be able to help, this does not indicate that the listed law firms have an affiliation or partnership with Genie AI.

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